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The outcome for pricing was mixed across the four-tranche transaction.
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First-event cover and the level of per-event deductibles in aggregate typhoon deals are being re-examined.
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The fund helps compensate victims for losses from fires started by the utilities’ equipment.
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The World Bank’s pandemic bond is expected to partially pay out as deaths surpass trigger points.
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Pricing has moved in both directions across the four tranches, sources said.
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Scor posted a fourth-quarter operating loss of EUR29mn ($31.7mn) for its P&C unit, which was almost two thirds down on the prior-year quarter’s loss.
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As of 30 June last year, the fund had deployed $40mn of its committed funds to HSCM Bermuda.
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The carrier said it has already secured two-thirds of the private reinsurance limit it will place this year.
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Large cat and man-made losses for the year amounted to $2.3bn.
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Projected Ciara/Dennis losses for major local insurers are expected to be below reinsurance retentions.
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The GDV says natural events caused EUR3.2bn of insured losses in Germany in 2019.
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The deal will take total cat bond cover available to the National Flood Insurance Program over the $1bn mark.