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The three fires have already destroyed 7,539 buildings, and threaten a further 15,000.
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The power utility has cover for any wildfires caused by its infrastructure.
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HCI Group's gross losses from Hurricane Irma have stayed stable in the third quarter.
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ILS markets are expected to participate in the $1bn cyber pool.
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The insurer has eroded a third of the deductible on its aggregate Skyline Re bond, well below last year’s storm activity.
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The new model estimates the likelihood, severity, and insurance impact of security breach and cloud service provider downtime incidents.
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The storm remains at a strength that would lead to a 50 percent payout of the $110mn Pacific hurricane cat bond protecting Fonden, although it may weaken before landfall.
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The Category 4 hurricane is strong enough to trigger the $110mn class C layer of Mexico's 2017 Multicat.
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According to market sources, the $2.5bn in losses mostly falls with homeowners’ insurance, which accounts for 62 percent of that figure.
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Initial modelled loss projections for the hurricane range from $2bn to $10bn.
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The technology company has signed agreements with REsurety, Nephila and Allianz unit ART to cover three wind projects in the US.
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The reinsurer said it had a 10 percent share of insured value in Bay and Gulf counties.