Reinsurers
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The partnership is aiming to bring training and development to the DIFC Authority.
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Assuming Munich Re takes roughly a 3% market share of hurricane losses suggests a ~$20bn industry loss for Helene.
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Risk remote strategies, including private ILS, have outperformed higher risk strategies over the last decade.
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The estimate includes private cover for residential, commercial and industrial property.
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Milton made landfall south of Tampa Bay at Category 3 on Wednesday night.
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Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.