Re/insurers
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How is the market positioned to withstand Hurricane Milton? -
The hurricane has destroyed hundreds of homes and left more than 2.7 million homes without power in Florida.
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It also reported that severity increased by 17% in the same period.
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Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
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Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
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Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
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Based in Peru, the executive will oversee marine and aviation lines.
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SCS caused global insured losses worth at least $8bn in the first quarter of 2024.
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Forecasters have warned that a number of meteorological factors could make this year the most active on record.
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Recurring loss patterns have led to squeezed coverage, leaving clients exposed.
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We explore the first stages of incorporation of GenAI into insurance, alongside the longer-term potential.
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This publication revealed the appointment in November last year.
Most Recent
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Early Hurricane Milton estimates coalesce around $40bn-$50bn
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Hurricane Milton: The story so far in five charts
10 October 2024 -
Gulmohamed appointed CEO at Axis Specialty Europe
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Miller promotes Nagle to head of Miller Europe
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