ILS funds fell less than re/insurance stocks as hurricane Michael hit Florida
Insurance-linked securities (ILS) funds that are either mutual funds or listed vehicles saw their prices decline less than the share prices of global insurance and reinsurance funds as hurricane...
View ArticleReinsurance to take more of Michael’s losses than Florence’s: KBW
The reinsurance market and as a result some collateralized providers of reinsurance capital may take a greater share of losses from hurricane Michael’s Florida and beyond impacts than they did for last...
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Hurricane Michael insured loss to be close to $8bn: Karen Clark & Co.
Hurricane Michael will result in an insurance and reinsurance market loss of close to $8 billion from wind and storm surge, excluding NFIP losses, according to catastrophe risk modelling specialists...
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2019 Atlantic hurricane outlooks suggest average year, but El Niño adds...
The first long-range outlooks and forecasts for the 2019 Atlantic hurricane season both suggest an average level of storm activity, but note some uncertainty over whether an El Niño event occurs and...
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