PCS' $12.5bn final Ike estimate triggers ILWs and cat futures
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PCS' $12.5bn final Ike estimate triggers ILWs and cat futures

Property Claims Service (PCS) finalised its onshore industry loss estimate for Hurricane Ike at $12.5bn in October, triggering a number of 2008 industry loss warranty (ILW) contracts and IFEX cat futures contracts.

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