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Reinsurers take larger share of COVID-19 claims

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Reinsurance

David Flandro, managing director of analytics at insurtech firm Hyperion X Ltd., said that reinsurers have taken a larger proportion of the COVID pandemic-related claims than earlier anticipated, Artemis reports. This suggests the share of losses taken by insurance-linked securities funds and investors in some sidecar vehicles and quota shares may also be larger than expected.

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