October 2017/4

Mapfre has indicated to its reinsurers that it expects the global umbrella catastrophe layer that sits at the top of its programme to run clean from Hurricane Maria, The Insurance Insider understands.

Rate softening in the European reinsurance market will come to an end in January as the insurance sector responds to a $100bn third quarter cat bill.

Look-up tables of all the Q3 loss announcements so far by event

The onslaught of catastrophes in the third quarter could serve as a springboard for commercial rate hikes in the US, if commentary by early reporter and industry bellwether Travelers is anything to go by.

A look-up table of all the Q3 loss announcements so far by company