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Japanese Prime Minister Shinzo Abe concedes that the event may be delayed.
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The rating agency notes that the majority of BI policies would not cover coronavirus losses.
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The earthquake specialists says it’s exposed in 586 insured locations.
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The epicentre of the quake was in Magna, a suburb of Salt Lake City.
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Global healthcare claims leader Steven Chang becomes global head of complex claims.
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Despite major increases reinsurers seem underwhelmed by the scale of the re-rating.
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Clubs could be hit by passenger liability claims as well as crew repatriation and operator expenses.
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Despite large Q4 cat losses, the P&C normalised combined ratio improved year on year.
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The carrier passes on about 36 percent of a total of EUR1.5bn in large claims to reinsurers.
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European windstorm Ciara was the most expensive event of the month.
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A total of 82,000 claims have been made, with the cost of flooded homes accounting for the largest loss.
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The loss aggregator lifts the tally by EUR10mn from its previous prediction.
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