Lucy Jones

Cresta to launch industry loss index for $1bn-plus events

Clix index will provide insured loss data for all major nat cat events since 2000.

Lucy Jones, 01 October 2020

Guy Carpenter hires Miller from Aon as UK property cat head

Aon’s former head of international catastrophe management will take up the position next September.

Lucy Jones, 28 September 2020

Glass Fire impacts Napa as two new blazes emerge

All three fires are prompting evacuation orders in Napa and Sonoma counties.

Lucy Jones, 28 September 2020

AIR estimates Sally losses at $1bn-$3bn

Sally buffeted cities and town as it moved across Alabama at speeds as low as 2 mph, the modeller said.

Lucy Jones, 21 September 2020

Dislocated retro market expected at 1.1 as capacity shrinks: panel

Collateralised capacity will retain an important role in the retro niche.

Lucy Jones, 21 September 2020

Teddy will near Bermuda at hurricane strength this weekend: NHC

The storm is churning at Category 4 strength in the Atlantic and could impact Bermuda after Paulette's recent strike on the island.

Lucy Jones, 18 September 2020

Historic flooding unfolds as Category 2 Hurricane Sally approaches landfall

Life-threatening storm surge is already occurring along the coastline from Alabama to the Florida Panhandle, including Pensacola Bay and southern portions of Mobile Bay.

Lucy Jones, 16 September 2020

Axis’ Arora: ‘Loss of patience’ over rates could lead to capacity reduction

All the pieces were in place for real rate improvement, according to Steve Arora, CEO at Axis Re.

Lucy Jones, 16 September 2020

Covea and Swiss Re appoint arbitrators over BI claims: report

The insurer could have total gross losses of more than EUR500mn, according to a French publication.

Lucy Jones, 15 September 2020

Wind warning leads to fears US West Coast fires will spread

The US National Weather Service issued a critical fire weather warning for parts of Idaho, Montana, California, Nevada and Oregon on Monday.

Lucy Jones, 14 September 2020

NHC: Strengthening Paulette to bring swells to Bahamas and Bermuda

Still some way off Category 1 intensity, Paulette is expected to reach the Leeward Islands on Thursday night.

Lucy Jones, 10 September 2020

FedNat adds $39mn reinsurance top-up after Laura hit

The carrier did not give a gross loss estimate, but has added $39.2mn of reinsurance cover for a second event.

Lucy Jones, 10 September 2020

Moody’s lowers outlook on reinsurance sector to negative

Covid-19 losses and other catastrophe events have exhausted the catastrophe budgets of many companies, the ratings agency said.

Lucy Jones, 08 September 2020

Po-Ba departs TigerRisk

Lawrence Po-Ba was hired by the firm to source capital solutions for Lloyd’s syndicates in May.

Lucy Jones, 08 September 2020

Swiss Re: ‘timid’ price rises not enough to rebuild reinsurance margins

The industry is not yet in a hard market, said group CUO Thierry Léger.

Lucy Jones, 08 September 2020

Typhoon Maysak brings high winds to South Korean resort island Jeju

The typhoon, which is expected to make landfall on the peninsula on Thursday, is being compared to the devastating Typhoon Maemi in 2003.

Lucy Jones, 02 September 2020

ICT estimates Texas Laura insured losses at $150mn

Louisiana will account for the brunt of insured losses from the Category 4 hurricane, which made landfall last month.

Lucy Jones, 02 September 2020

Lockton Capital Markets hires Ghosh as president

Ghosh will work closely with CEO Ken Pierce to develop the two-year-old platform.

Lucy Jones, 01 September 2020

CoreLogic estimates Laura losses at $8bn to $12bn

Storm surge losses are expected to remain under $500mn.

Lucy Jones, 28 August 2020

Weakening Laura batters Gulf Coast as Category 3 hurricane

AM Best warns the coronavirus pandemic will inflate the cost of claims arising from the strongest storm by far of this year’s hurricane season.

Lucy Jones, 27 August 2020

Laura's historic parallels: Ike, Rita and their losses today

Insured losses from past storms in Laura's vicinity range from $13bn to $24bn, inflation-adjusted.

Fiona Robertson, 27 August 2020

NHC: Laura likely to hit US Gulf Coast as ‘major hurricane’

The hurricane is forecast to make landfall on the Texas or Louisiana coast on Thursday.

Lucy Jones, 25 August 2020

Marco weakening as Laura forecast to strengthen to Cat 1

Marco is forecast to make landfall in Louisiana on Monday, with Laura hitting Texas by Thursday.

Lucy Jones, 24 August 2020

Climate change could lift Katrina recurrence insured loss by 8%: Swiss Re

If Hurricane Katrina were to hit the US in 2020 privately insured losses could reach $65bn, up from $41bn 15 years ago.

Lucy Jones, 19 August 2020

Lucy Jones

Published by this author: