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The data firm’s latest survey shows $108bn in premiums across 236 million policies in Europe and Australasia this year.
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Windstorms and heavy rain earlier this month were already likely to cause over $1bn in estimated insured losses.
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There were at least 121 confirmed tornado touchdowns from Texas to Maryland from 10-14 April.
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The scheduled capital release next month stems largely from 2019 side pockets, the company said. -
There are also likely to be substantial property insurance claims.
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The asset manager said it would also be impacted by a slowdown in auto insurance premiums.
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The forecaster expects activity to be 5-10 percent higher than the past 10-year average.
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The firm revised its 2019 estimate for insured disaster losses up by $4bn but kept Typhoon Hagibis under $10bn.
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The region will see a fifth consecutive year of tropical storms that are stronger than average, the firm predicts.
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Property damage in eastern Australia totals $488mn, according to an initial loss estimate by Perils.
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The majority of losses hit the UK, Germany and Belgium, estimates show.
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The ICA has increased its estimate for the January hailstorm total losses to A$1.2bn.
