Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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Mexican D&F losses filter into London

Catrin Shi 17 October 2017

The Mexican state education authority is leading a string of direct and facultative (D&F) losses expected by the London market following the two earthquakes which struck the country in September.

The Secretaría de Educación Pública, known as Sep, is understood to have guided towards a ground-up loss of 350mn pesos ($18.5mn) for the 7 September quake, and 550mn-650mn pesos for the 19 September event.

Click to enlarge Sources told The Insurance Insider Sep holds a 50mn peso retention on the...

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This article was published as part of issue October 2017/3

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