Latest insurance losses news
by John Hewitt Jones | October 22, 2019
Social inflation has come under sustained focus in recent months amid a sudden rise in jury awards.
by Bernard Goyder | October 18, 2019
Two-third of California carriers, including Farmers, Travelers, and State Farm, have agreed to the extension relating to the 2017 blazes.
by Bernard Goyder | October 16, 2019
The losses relate largely to Hurricane Dorian and tropical storms Barry and Imelda.
by Lucy Jones | October 16, 2019
AIG is likely to have exhausted its $550mn Japanese reinsurance cover after typhoons Faxai and Hagibis.
by John Hewitt Jones | October 15, 2019
The reinsurer expects to take a $100mn charge from Faxai and assume $55mn of Dorian liabilities.
by Bernard Goyder | October 15, 2019
Dorian is estimated to have caused $160mn in claims for NYSE-listed (re)insurer.
by Anna Sagar | October 14, 2019
Around two thirds of the possible half-million affected structures sustained windstorm damage, the broker estimates.
by John Hewitt Jones | October 11, 2019
Carriers have so far paid out for $6.7bn of losses from the natural disaster.