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California Wildfires Burn $118.3 Million Hole in Conduit Re's First-Half Result

California wildfire losses of $118.3 million led to a first-half loss for Conduit Reinsurance Ltd. as the reinsurer said the industry saw a very active period for natural catastrophes. . . .

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Weather Fires Losses Premiums Reinsurers Reserves Rates Catastrophes Ukraine Earnings Russia


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