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The carrier said it has “moderate exposure” to the bridge collapse. -
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A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations.
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Overall economic losses hit $45bn in the first quarter of 2024.
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The goal is to narrow the cyber protection gap, strengthening UK resilience.
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The flooding was caused by thunderstorms, as opposed to cloud seeding, experts say.
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There is a high likelihood the property claim will be subrogated.
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The broker used a consensus-based hypothetical cat event type to analyse its global impact.
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The city alleges defendants knowingly allowed an “unseaworthy” Dali to set sail.
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As a result of mostly flooding, £474mn of losses occurred in the UK.
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Insurers in the emirate typically buy low-attaching reinsurance.
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This follows February’s cat losses coming in below the $150mn reporting threshold.
