Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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Loss File

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Perils trims estimate for Doris to EUR248mn

23 February 2018

Catastrophe-loss aggregator Perils has cut its estimate for extratropical cyclone Doris to EUR248mn ($305mn)Read more

Insurers face $130mn loss on PatNat D&O cover

15 February 2018

Insurers that provided $130mn of D&O cover to Patriot National could face total losses on the policies unless a US bankruptcy court forces mediation of covered legal claims and temporarily halts related litigation, according to recent court filingsRead more

Harvey losses projected at $15.7bn

15 February 2018

Hurricane Harvey was projected to produce $15.7bn in insured losses, based on estimates provided to Texas regulators by insurers responding to a data call last autumnRead more

Hail losses push Suncorp over H1 nat cat budget

15 February 2018

Australian carrier Suncorp exceeded its natural catastrophe claims budget for the six months to 31 December by A$65mn ($51.8mn), primarily driven by losses from the Victoria hailstorm in DecemberRead more

QBE leads $30mn-$50mn pipeline terror loss

14 February 2018

An oil pipeline that passes through Turkey has been hit by a terrorist attack that looks set to cost insurers between $30mn and $50mn, The Insurance Insider can revealRead more

IAG cedes A$120mn in H1 cat losses to reinsurers

14 February 2018

Australian carrier IAG booked A$262mn ($205mn) in net natural catastrophe losses for the six months to 31 December, after its cat reinsurance programme capped losses from three of the events at A$20mn eachRead more

Irma Caribbean loss costs put at EUR1.83bn: Reuters

13 February 2018

A French insurance industry group estimates that Hurricane Irma’s damages in the Caribbean could cost insurers EUR1.83bn ($2.26bn), Reuters reported todayRead more

Perils estimates Cyclone Eleanor losses at EUR643mn

13 February 2018

Catastrophe data aggregator Perils has issued a EUR643mn ($789.3mn) initial loss estimate for extra-tropical Cyclone Eleanor, which struck swathes of western and central Europe on 2 January and 3 JanuaryRead more

Irma insured loss nears $8bn in Florida as claims rise

12 February 2018

Claims to cover damage related to Hurricane Irma in Florida have surpassed 900,000 while estimated insured losses now total nearly $8bn, the state Office of Insurance Regulation said todayRead more

Domestic insurer Alfa on hook for Saratov airliner loss

12 February 2018

Russian insurer AlfaStrakhovanie is on risk for the Saratov Airlines plane that crashed on Sunday (11 February) killing all 71 people on board, The Insurance Insider can revealRead more

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