ILS managers have reduced their estimates of losses taken during the August and September hurricanes, according to figures on the Eurekahedge ILS Advisers Index.
The index initially showed an average drop of 0.34 percent and 9.04 percent in August and September following the major storms.
However, this has been reduced to losses of 0.31 percent and 8.61 percent respectively.
This comes as general industry expectations of the third quarter losses have narrowed to a $60bn-$80bn range, from initial projections as…
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