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Reinsurers, commercial and specialty carriers stocks edge down after Hurricane Ida, in line with dip in S&P Insurance Index.
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Experts fear for survivors, who now face an intense heatwave and up to a month without electricity.
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Plus a look at reinsurers’ cat budgets and all the top news from the week.
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Most of the damage occurred in Mexico as the country weathered an estimated $300mn of losses.
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The risk modeller said Henri’s weakening before landfall spared the northeast US from the damage originally forecast.
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The modeller said 70% of losses will come from Germany and a quarter from Belgium.
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The earthquake that hit the island’s southwest peninsula on 14 August is estimated to have caused $1.7bn of total losses, according to the firm’s Caribbean earthquake reference model.
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Overall figure was driven by a deep winter freeze, hailstorms and wildfires and marked the second highest first-half figure behind 2011.
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Tropical Storm Fred could also hit Florida on Friday, but it is too early to predict the exact, time and magnitude of its impact.
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So far, damage costs caused by the California fire are thought to be below $1bn.
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The fire is the second largest in California’s history behind the August Complex Fire last year.
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More than 100 fires have burned through provinces across Turkey, killing eight people as temperatures reach record highs.