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The firm’s goal is to raise its own capital and partner with others. -
The agency highlighted potential aviation losses from the war ranging from $6bn to $15bn.
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The new firm says ESG criteria will be embedded into the products.
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As part of the deal, ICEYE will provide Fermat with near real-time flood data for large-scale events.
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Windstorm Nadia/Malik was one of several to strike the region this winter.
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The company hired Ambac’s Scott Snyder as president of fronted programs.
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The 2020s is the key decade for action to limit global warming and its impacts.
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Cyber reinsurance premiums may exceed those of property cat by 2040.
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The move reflects the firm’s growing interest in risks beyond nat cat.
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The issuance will be the fifth time to market in FEMA’s cat bond series
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This is the first natural catastrophe loss under the World Bank series of ILS deals since 2019.
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Another pandemic outbreak came in fourth place, with 22% of respondents saying they were worried about further health and workforce issues and movement restrictions in 2022.
