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21 May 2012

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Endurance expects Q4 loss on $76.5mn Thai exposure and 2010/11 creep

20 January 2012

Endurance Specialty joined a steady trickle of reinsurers revealing Thai loss estimates this week as the company said it will take a charge of $76.5mn in its fourth quarter results from the devastating floods.

The Bermudian also became the latest (re)insurer to disclose creep on the catastrophe loss events from prior periods, with an additional $26.1mn predominantly hitting its cat reinsurance book of business.

But as well as creep on cats from the first nine months of 2011, Endurance said...

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