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CoreLogic exposure data suggested homes worth hundreds of millions were at risk.
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Wildfire recoveries benefitted DaVinci investors and RenRe's retro partners in Q3. -
At this stage, destroyed property numbers remain well below the thousands impacted in the major 2017-2018 fires.
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This came as the deal priced at the bottom of the initial range at 515 basis points (bps), according to sources.
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The firm's reinsurance CEO John Doucette said the firm saw “select opportunities” to grow its retro book.
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According to the Insurance Council of Texas, the outbreak on 20 October is the costliest tornado loss in the state’s history.
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Scor Global P&C CEO Jean-Paul Conoscente said the reinsurer’s main retro programme is expected to be placed within a fortnight.
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Over 70 percent of the losses come from Hurricane Dorian.
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The finance from the Global Risk Financing Facility (GRiF) will support Jamaica in expanding its financial protection.
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The firm is the first risk modeller to issue an official estimate after the typhoon made landfall in Japan on 12 October.
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A stronger storm, Typhoon Bualoi, is forecast to pass to the east of the country.
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Tropical Storm Nestor made landfall at the St Vincent nature reserve off Florida's northern Gulf Coast on Saturday afternoon.
