Operations/tech
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A surge in demand for roof repairs and the cost of higher safety standards are playing a role. -
The cat loss modeller reports baseball-sized hail in the Dallas-Fort Worth areas.
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The Texan state-backed insurer expanded its new cat bond as premiums fell below forecasts.
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Travelers will make significant savings on the deal compared to its existing cat bond covers.
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The Florida carrier launches its two-tranche 2018-1 to cover named storms.
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The insured loss would account for less than 20 percent of the overall private property damage in the region, which could amount to $170bn.
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Is the combination of the Harvey, Irma and Maria (HIM) hurricanes a once-in-a-career event for reinsurance underwriters or likely to happen more often?
