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Mexican insurer to expand into hurricane insurance

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Hurricanes

Mexican insurer Super Seguros Inc. is reportedly planning to launch new insurance product that will cover damage from hurricanes, Verdict reported citing Bloomberg. According to Super Seguros’ CEO Sebastian Villarreal, the new hurricane insurance will be launched by mid-2022 and will factor in the hurricane category, its path, and wind speed in the policyholder’s area for claims payment.

 

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