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In all my years of underwriting contingency and event cancellation business I have never experienced such a diverse range of potential loss circumstances as we faced during 2010.

The year started and ended with arctic conditions sweeping across the United States, the United Kingdom and Europe, which resulted in sporting events, trade shows, theatres and concerts being cancelled.

We also faced flight chaos with planes being grounded across Europe due to the Eyjafjallajoekull eruption in Iceland causing a volcanic ash cloud.

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