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The recent explosions in China's Tianjin port are likely to have minimal effect on insurance-linked securities funds, reported Artemis.bm.
Some ILS funds remain exposed as the insurance and reinsurance industry losses from the blasts continues to rise. Hong Kong-based ILS Advisers has said in a report that any ILS fund losses would likely be minimal, with an expectation that "the impact will be very limited." Market sources have said that the final insured losses from Tianjin explosions could be as high as $4 billion or more.
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