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With the fundraising season approaching, tensions are rising over several points of dispute.
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Coronavirus is just one factor driving rate increases, (re)insurers said.
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Isaias is currently a Cat 1 hurricane and is nearing Andros, the largest island in the Bahamas.
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Possible Covid-19 losses may be slowing capital inflows to the ILS sector, CFO John Dacey has said.
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The CEO also casts doubt on the future of event cancellation cover.
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The storm’s track has pulled further offshore, but uncertainty remains.
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Nat-cat experience was slightly adverse but Covid-19 losses were the main driver.
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Sussex and Versutus investors narrowed their loss from H1 2019.
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Florida could face heavy rain and flooding as a result of Isaias, the National Hurricane Center (NHC) has warned.
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NFIP claims are expected to make up about $100mn of the claims tally.
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The California utility said it is still pursuing additional limit.
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Universal ceded $11mn of prior-year losses to reinsurers.