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Matthew US loss scenarios top out at $8bn: RMS

RMS has pegged modelled storm loss scenarios in the US from Hurricane Matthew at between $2bn and $8bn, for wind only, it said on Saturday (8 October)

Winifred Okocha, 10 October 2016
Neon names Wilson head of marine

Lloyd's carrier Neon has appointed Angus Wilson to the new role of head of marine, effective from 30 September

Catrin Shi, 10 October 2016
RKH expands power practice with Caamano hire

Hyperion-owned London broker RK Harrison has appointed Sonia Caamano as an executive director in its marine, energy and construction practice, The Insurance Insider has learned

Matthew Neill, 10 October 2016
Matthew dissipates but leaves Carolinas underwater

Hurricane Matthew has left parts of the southeast US facing days of flooding, after departing the Atlantic coast on Sunday.

Charlie Thomas, 10 October 2016
Insurers dodge a bullet as Matthew spares much of Florida

Florida property insurers and millions of residents breathed a collective sigh of relief today as Hurricane Matthew's fury largely stayed at sea, sparing much of the state from the storm's strongest winds.

Ted Bunker, 08 October 2016
Heritage estimates $500mn Matthew impact

Floridian insurer Heritage said yesterday that it could take about $500mn of losses from Hurricane Matthew, ahead of the storm's downgrade to a Category 3 event.

07 October 2016
Industry loss expectations ease to $5bn-$15bn

Fears of a $20bn+ loss are receding after Hurricane Matthew skirted the Floridian coast, rather than making landfall as a Category 3 storm

Adam McNestrie, 07 October 2016
RMS modelled Matthew loss down to $6bn

Modelled loss simulations from RMS show a significant fall in expected industry losses from Hurricane Matthew, with the mean loss guidance now as low as $6.0bn, The Insurance Insider can reveal

Adam McNestrie, 07 October 2016
Matthew could cause a 95% fall in reinsurer profit: S&P

Reinsurers affected by Hurricane Matthew could see pre-tax profits fall by around 95 percent on average if the storm hits as a 1-in-50-year event, according to Standard & Poor's (S&P).

Winifred Okocha, 07 October 2016
Floridian stocks recover as Matthew fears wane

Florida property insurers' stocks have bounced back in early trading this morning, as investor fears about the impact of Hurricane Matthew subsided

Charlie Thomas, 07 October 2016

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