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Wellington hammered by hurricane losses

Wellington Underwriting, whose wholly owned subsidiary Wellington Underwriting Agencies manages Syndicate 2020 at Lloyd’s, has released a further update about the extent of losses sustained from hurricanes Katrina, Rita and Wilma in 2005.

Following the announcement on 15 November about the estimated impact of hurricane losses to Wellington, significant new notifications received by Syndicate 2020, particularly for Hurricane Katrina

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