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Hurricanes could trigger ‘capital event’ for reinsurers following coronavirus (COVID-19)

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Published on: 10 September 2020
Published by a Law360 reporter

Article summary

Law 360, London: Heavy financial losses caused by coronavirus (COVID-19) in the first half of the year mean that reinsurers could have to rely on their capital reserves if claims for natural catastrophes reach average levels this year, Standard and Poor’s (S&P) has warned.

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