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Gross cat exposures rise for Bermudian carriers in 2020

Both gross and net exposures increased in the pandemic year, but net PMLs rose faster, a modelling report from the BMA shows.

Martha Muir, 17 December 2021
Perils puts Typhoon Nanmadol loss at ‘lower than feared’ 114bn yen

Perils said the storm tracked through an area of low value concentrations.

Samuel Casey, 01 November 2022
Australia flood claims double, reinsurance programmes triggered

Suncorp and RACQ set to recover losses through reinsurance.

Liz Bury, 01 March 2022
IG clubs swerve Gibraltar shipwreck loss and continue clear run for pool claims

The OS 35 has P&I coverage in place with QBE’s British Marine, which will shoulder clean-up costs from the incident.

Samuel Casey, 07 September 2022
Hiscox appoints M&G’s Cooper as CFO

In his new role, Paul Cooper will join the Hiscox board, subject to regulatory approval.

Luke Harrison, 21 December 2021
Growth targets, new capacity intensify competition in London market: Miller

Rates are continuing to rise with most sectors experiencing around 15% increases, but, in some cases, cyber accounts had increases of up to 300%, according to Miller’s latest market update.

Aisling Finn, 25 January 2022
Oz flood loss estimates range from $1.3bn to $2.9bn at top end

The claims count on day 18 of the flooding stands at 118,016.

Liz Bury, 10 March 2022
Tropical Storm Ida forecast upgraded to major hurricane pre-US landfall

Its maximum sustained winds strengthened as it passed the Cayman Islands.

Alex Frampton, 27 August 2021
Hiscox predicts 2020 and 2021 YoA losses for Syndicate 6104

The carrier predicted an improved performance for Syndicate 33 in 2021 and a narrower 2020 loss for 6104.

Rachel Dalton, 04 March 2022
Tokio Marine restricts appetite for thermal coal in climate strategy update

The update adds further restrictions for coal reliant businesses and offers exemptions for companies which show initiative in helping to fight climate change.

Luke Harrison, 30 September 2021

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