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A report by Fitch Ratings Inc. said that the slowdown in the inflows of alternative reinsurance capital into insurance-linked securities market is in reaction to climate change, Artemis reported. The rating agency said that the slowdown is expected to continue for a little longer, while the ILS market and investors in alternative reinsurance capital structures continue to deal with the hangover of losses and claims.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms