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International

Cat claims rise to new high of $3.4 billion

May 27, 2020 Reprints

The Insurance Council of Australia said that insurance and reinsurance claims related to the series of catastrophes in the summer hit to a new high of around $5.1 billion Australia ($3.4 billion), Artemis reported. The impact of these claims was felt in the insurance-linked securities and collateralized reinsurance space.

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Cat claims rise to new high of $3.4 billion

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