Hurricane
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The US mainland faces a 69 percent chance of at least one major hurricane making landfall in the upcoming storm season.
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The region will see a fifth consecutive year of tropical storms that are stronger than average, the firm predicts.
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The majority of losses hit the UK, Germany and Belgium, estimates show.
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CEO Bob Ritchie said entering the cat bond market offered stability for the company and policyholders. -
The ICA has increased its estimate for the January hailstorm total losses to A$1.2bn.
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Pricing has moved to the top of the guidance range, sources said.
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The firm's K sidecar avoided major Dorian claims, as the firm also grew its whole-account covers.
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The company will delist from the New York Stock Exchange as the listed ILS fund sector heads for closure.
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Insurers are facing estimated losses of £363mn ($473.7mn) from storms Dennis and Ciara, which caused widespread damage in the UK during February.
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GWP was up 53 percent in the last quarter, reflecting the growth of the InsurTech subsidiary.
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The approaching three-year statute of limitations on Irma claims could prompt another spike in AOB issues, warned FedNat.
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The losses include those of the parent company as well as Monarch National Insurance Company.
