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Bermuda-based insurer Hiscox Ltd. said that none of the insurance-linked securities funds under its management are exposed to its U.K. small and medium-sized enterprise business interruption policies, Artemis reports. Several insurers in the United Kingdom are currently facing legal action as business owners try to make business interruption claims related to the pandemic.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees