Insight and Intelligence on the London & International Insurance Markets

25 February 2018

Search archive

Caribbean MGA Aura books $50mn loss

Catrin Shi 24 January 2018

Caribbean property specialist MGA Aura Underwriting is expecting a $50mn loss as a result of hurricanes Irma and Maria, The Insurance Insider can report.

The MGA, which is owned and managed by Lloyd's broker Direct Insurance Group, writes on capacity provided by the London market.

Chubb is understood to be the lead paper provider for the MGA, with Antares, QBE and other Lloyd's syndicates also among those contributing capacity.

Sources said the MGA books annual premium income in the range...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.