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Subscribe nowCatastrophe risk modellers have predicted insured losses as high as $74bn from the hurricane
Insurer's announcement comes as campaigners intensify climate pressure on Lloyd's
Arch and Axis flag major catastrophe and Covid-19 claims
RenaissanceRe, Axis Capital and Arch Capital estimate large Q3 losses including from fires and hurricanes
Arch leading a consortium of private equity firms, according to Reuters
Civil unrest is also set to cost Bermudian re/insurer up to $45m
The raising follows on the heels of major fundraising by rivals
Covid-19 helps make primary and reinsurance unprofitable in Q1
Mortgage segment to take hit of up to $50m
The Bermudian re/insurer said losses are driven by hurricane Dorian and typhoon Faxai