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

10 October 2022

X
LinkedIn
Email
Show more sharing options

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...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

Gain a competitive edge and accelerate decision-making
Be empowered by insights that transform confusion to clarity
Uncover growth opportunities and prepare for potential threats
Fuel a smarter strategy for business growth

Request a free trial Already a subscriber? Log in now

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

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.

Fuel a smarter strategy with our actionable market intelligence

Topics

Most Recent

RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched

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

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.

Log in to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched