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Sidecar capacity tight after returns hit by 2021 cats

New York City, USA. 01st Sep, 2021. Members of the FDNY wade through waist high water caused by flash flooding brought by the remnants of hurricane Ida, in the New York City borough of Queens, NY, September 1, 2021. More than three inches of rain fell per
Photo: Alamy

Sidecar returns are hovering at around break-even for the year to date, sources say, with some generating positive low single digits and others erring more into negative low single-digit territory.

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