Irma delivers second blow to London binders

The London binders market is braced for a round of losses from
Hurricane Irma, even as it continues efforts to untangle the
consequences of Harvey in Texas.
While it is too early to establish concrete loss figures, there
are numerous Florida binders that bring hundreds of millions of
dollars in premium into London.
However, sources speaking to this publication said storm surge
and flooding - two of the main impacts to arise out of Irma - are
usually excluded from...