Issues

Data provider Property Claim Services (PCS) has issued an initial estimate for Hurricane Irma insured losses in US territories of $18.03bn, The Insurance Insider has reported

Downstream energy losses this year were approaching $2.85bn even before the recent run of Atlantic hurricanes, according to the latest energy report from JLT Specialty.

Pool Re has rejigged its reinsurance offer for its members to help close a protection gap for political violence cover among small and medium-sized enterprises

Cyber has taken the prime spot as the most important emerging risk for underwriters, according to an International Underwriting Association (IUA) poll of its members

With the third quarter now in the books and (re)insurers obliged to quantify their losses for investors during reporting season, a number have started to pre-announce their expected share of the glut of cat losses.

Once again, there was little joy to be found in the headline numbers of Lloyd's first half results.

A QBE spokesperson confirmed that 2017 catastrophe losses are expected to exhaust its $900mn aggregate reinsurance programme, which is understood to be written by Berkshire Hathaway.

Alex Jomaa of CFC Underwriting has been voted the top cyber underwriter in the London market for the second year running, according to The Insurance Insider's 2017 cyber rankings survey

Let me take a wild guess - I bet you're glad it's not Q3 2017 anymore.

Concern is mounting in the market that Nagico, the dominant insurer in the Dutch Caribbean, will shoot through the top of its reinsurance programme after St Maarten was devastated by Hurricane Irma.

John Sutton and Toby Humphreys, who led Integro's UK operation for more than a decade until their exit in March this year, are planning to launch a new brokerage, The Insurance Insider understands.

For a long time the traffic has been going in the other direction. Independent brokers were selling up, accepting the inevitable march of consolidation.