Accelerate innovation, improve distribution and delivery

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      <subfield code="a">The year 2020 has been challenging for (re)insurers as mounting losses from an unprecedented pandemic and a global recession have stifled premium growth and impaired financial performance. Lloyd's has estimated that COVID-19 underwriting losses will ultimately cost somewhere in the order of $107bn, in line with some of the largest US hurricane catastrophe loss years we have experienced.</subfield>
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