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Fukushima: re/insurance coverage issues - IPBA 2012

Fukushima: re/insurance coverage issues - IPBA 2012

Fukushima: re/insurance coverage issues - IPBA 2012

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AGGREGATION: HOURS CLAUSES• All damages from a given peril during a specific timeperiod.• Categories of hours clause:events based (NMA2244)manifestation of insu<strong>re</strong>d peril (NP)catastrophe based (LP098)35240312

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