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Net income was impacted by $4.4mn of reserve strengthening, net of reinsurance recoveries.
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The company is focusing on non-catastrophe offerings, such as P&C.
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Claims have reached 67,537 since yesterday’s update.
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Claims from New South Wales are expected to increase in the coming days, given the flooding emergency in Sydney.
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The insurance trade body has called on governments to increase actions to mitigate risks.
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The 2020s is the key decade for action to limit global warming and its impacts.
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The firm’s 2020 edition cat bond has also lost $3.2mn.
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Insurers will prioritise claims made by affected policyholders, and claims will be triaged to direct urgent assistance to the worst-affected property owners
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This estimate would rank Eunice as the most damaging European windstorm event since Kyrill in 2007.
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The ruling deemed that the restaurant group was entitled to separate payouts for multiple premises.
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German actuarial firm Meyerthole Siems Kohlruss warned the losses represented a “turbulent” start to the year.
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The final bill is likely to be higher as further damage occurs due to gusts of wind.