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XL says catastrophes cost $240 million, led by Canada fires
By Agnel PhilipThe sum includes $140 million in the reinsurance segment and $100 million from primary coverage.
Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
The sum includes $140 million in the reinsurance segment and $100 million from primary coverage.