Hurricane Ian: A test of Lloyd’s cat de-risking
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Hurricane Ian: A test of Lloyd’s cat de-risking

Catrin Shi, 
Ben Wylie
10 October 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
lloyds building florida hurricane ian ID october 10 2022.png

Lloyd’s multi-year efforts to dial back its cat exposure will be put to the test in the face of Hurricane Ian losses, which will filter through to the market across binders, open market property and treaty accounts.

A canvass of London market professionals by Insurance Insider placed a “gut feel” industry loss estimate for Ian at $40bn-$50bn, with the majority leaning to the top end of that range and a few outliers suggesting a $60bn loss.

This...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

AnalysisLloyd'sLondon market
1 new headshots/catrin shi 2024 ii red 2.png
Catrin Shi
Editor-in-Chief
Contact
1 new headshots/ben wylie 2024 ii red 2.png
Ben Wylie
Lead Data Journalist
Contact
Gift this article