Insight and Intelligence on the London & International Insurance Markets

29 June 2017

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Loss File

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Debbie claims near A$1bn: ICA

29 June 2017

Insured losses from Cyclone Debbie, which struck the east coast of Australia in late March, have neared A$1bn ($767bn), the Insurance Council of Australia said todayRead more


Perils raises Debbie losses to $1bn

28 June 2017

Catastrophe data aggregator Perils has estimated Australian insurance losses from Tropical Cyclone Debbie at A$1.41bn ($1.07bn)Read more


Carriers spared by benign cat losses

27 June 2017

P&C (re)insurers benefited from another quarter of low catastrophe loss levels, with the only large cat events occurring in the USRead more


Kaikoura quake claims double

21 June 2017

Insurance claims from the Kaikōura earthquake that struck New Zealand last November have doubled to NZ$1.84bn ($1.33bn), according to the Insurance Council of New Zealand (ICNZ)Read more


(Re)insurers braced for welter of Grenfell claims

20 June 2017

The devastating fire at Grenfell Tower in north Kensington looks set to trigger a myriad of claims across multiple lines of business, with potential triple-digit property and liability losses falling mainly on reinsurersRead more


Allianz and Dual insure Grenfell Tower cladding firm

15 June 2017

Allianz and Dual respectively provide product liability and professional indemnity (PI) cover for Harley Facades, which installed the exterior cladding on the Grenfell Tower destroyed in a fire in London yesterdayRead more


Market faces $500mn Huntsman loss

13 June 2017

The property fac market is facing a potential $500mn loss following a fire at US chemical corporation Huntsman's titanium dioxide manufacturing facility in Finland, according to sister publication Inside FACRead more


Further Jubilee creep could take loss to $1.5bn

13 June 2017

(Re)insurers could find themselves on the hook for around $1.5bn of claims from the Jubilee fields loss as the largest insured involved, Tullow, prepares to increase its claim, The Insurance Insider can revealRead more


Severe US weather losses near $3bn in May

8 June 2017

Severe US weather last month caused almost $3bn of insured losses, with nearly half the damage attributed to a single hailstorm in Colorado, according to Aon Benfield's Impact ForecastingRead more


Ariana Grande and Take That to lodge terrorism claims

8 June 2017

Lloyd's insurers Brit and Talbot jointly provide terrorism cover to Ariana Grande, the singer whose concert in Manchester was attacked in a suicide bombing last month, The Insurance Insider understandsRead more


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