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Reprints
Aon PLC said that the global reinsurance capital reached pre-pandemic high at $625 billion in the third quarter of 2020, with alternative reinsurance capital up by $1 billion to $92 billion, Artemis reported. Traditional reinsurance capital increased by $3 billion to reach a new record of $533 billion driven by capital market recovery after the COVID-19 pandemic and new capital raises from equity issuance.
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