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Live cat trading focuses on $40bn triggers as Dorian looms
Rates for $40bn live cat trades have risen as the market has grown more wary of a significant loss, sources said.
Bernard Goyder
,
30 August 2019
NFP appoints Fraser to lead marine practice
Fraser joins the business from Alliant and takes up the role of vice president, energy and marine practice leader
John Hewitt Jones
,
30 August 2019
Property market braces for $250mn-$300mn Tyson facility claim
Axa XL leads the Arkansas-headquartered food company’s property programme, according to market sources.
Laura Sanicola
,
30 August 2019
Expected Dorian landfall creeps south
Hurricane Dorian is now predicted to make landfall further south than previously expected, nearer the wealthy area of West Palm Beach, Florida.
Bernard Goyder
,
30 August 2019
Gingell joins Worldlink as SSL Endeavour begins aviation broking push
SSL Endeavour is the third intermediary to target the concentrated aviation market.
John Hewitt Jones
,
30 August 2019
Dorian has potential to be ‘rainmaker’: Munich Re
The slow pace of the hurricane means heavy flooding could trigger the US National Flood Insurance Program.
Anna Sagar
,
30 August 2019
Three Hills Capital takes minority stake in Trak Global
The investor supplies more than £40mn ($49mn) of growth capital following the telematics company’s acquisition of IMS last year.
Anna Sagar
,
30 August 2019
GIC UK chief Srivastava lined up as new group head
The executive’s nomination to replace Alice Vaidyan will be put to a committee headed by Indian Prime Minister Narendra Modi.
Samuel Casey
,
30 August 2019
RMS: Median of insured loss from Dorian-type hurricanes $24.6bn
The calculation includes two Category 4 events and three Category 3 events.
Sofia Geraghty
,
30 August 2019
Dorian to deliver hardest EPS hit to Lancashire: UBS
Swiss Re is the (re)insurer likely to take the largest overall loss of the eight companies studied.
Anna Sagar
,
30 August 2019
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