Catastrophe data aggregator Perils has pegged its second loss estimate
for extra-tropical Cyclone Eleanor, also known as Burglind, at EUR680mn ($836.7mn).
Markel Catco's London-listed Reinsurance Opportunities Fund had to put two-thirds of its year-end 2017 asset base into side pockets, much higher than the typical 5-15 percent that it puts on hold each year, sister publication Trading Risk reported.
The Florida Hurricane Catastrophe Fund said its losses from Hurricane Irma were expected to reach $2.04bn, less than half its previous estimate of $5bn.