Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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London D&F market faces $45mn-$50mn Digicel loss

Catrin Shi 12 October 2017

Caribbean telecoms company Digicel is expected to claim $45mn-$50mn of losses on its property policy as a result of damage from Hurricane Irma, The Insurance Insider understands.

Sources told this publication Tokio Marine Kiln (TMK) is the leader on the property direct and facultative (D&F) placement, the remainder of which is placed broadly in the London market.

JLT is thought to be the broker on the placement.

It was suggested that Digicel holds a retention on the policy at the...

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