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Coronavirus triggered claims could leak into ILS funds


Edouard von Herberstein, partner at U.S.-based investment manager Hudson Structured Capital Management Ltd., said that some coronavirus- triggered claims could leak into insurance-linked securities funds as the market holds some exposure to contingency-related risks, Artemis reported. A few catastrophe covers can include an element of pandemic related coverage in certain countries, resulting in some leakage potential from the current outbreak, Mr. Von Herberstein said.

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