Claims and losses

Insurers for BW Offshore’s Sendje Berge FPSO may have dodged a bullet following a pirate attack on the vessel, but the ordeal may only be beginning for the nine crew members kidnapped in the raid.

Bushfire losses make up just over 40 percent of the total claims bill.

US cat events in June resulted in some 250,000 insurance claims being filed and four deaths.

The estimate is in line with Argo's earlier projection and will likely precede additional announcements from the sector in the coming weeks.

The Chikugo River on the island of Kyushu is one of many to have broken its banks.

The Japanese Meteorological Society expects heavy rain to move north towards Tokyo.

In so many ways, Covid-19 has scope to manifest as an asymmetric loss, and inadvertently having to run the property loss net may be yet another.

The estimate marks a 19 percent deterioration on a February forecast.

There is only ‘limited validity’ in comparing the Covid-19 losses to those experienced in 2001, the report said.

Codes were also generated for a number of natural hazards.

Outgoing All England Club CEO Richard Lewis says it would be “impossible” to get cover for next year.

Marijuana dispensaries in cities including Chicago, Philadelphia, Boston and Los Angeles were among the targets.