Hurricane Otis could pressure Mexican insurers´credit profiles

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<title>Hurricane Otis could pressure Mexican insurers´credit profiles</title>
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<abstract displayLabel="Summary">Insured losses from Huriccane Otis are likely to fall to reinsurance companies, causing further reinsurance market hardening and creating exposure management challenges for primary companies in the upcoming renewals. It highlights the possibility of rapid intensification of future wind events that may be attributed to the El Niño phenomenon. AM is monitoring credit risk with counterparties and liquidity among rated insurers</abstract>
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