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The Eras tour has additional coverage in place to cover cancellation for PVT perils. -
Returns were down on 2023, which benefited from favourable Ian loss development.
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Rising premium income is not keeping pace with the increased cost of claims.
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A roundup of all the news you need today, including an insured loss estimate following the cancellation of three Taylor Swift concerts in Vienna.
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Nat cat events triggered A$1.23bn of losses during the year.
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The storm made landfall on Saturday as a Category 1 hurricane.
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Ernesto’s maximum sustained winds have reached 100 mph.
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Ascot will evaluate other options for its ~$140mn-premium transactional liability unit.
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The year-to-date deal count for the industry stands at 85, 9% lower than at this point in 2023.
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The executive said losses in the Middle East had “sent shockwaves” through the market.
