Claims and losses

For major continental European (re)insurers the three-year strategic plan, preferably with an aspirational moniker and definitely all capped up, has become a key benchmark of performance.

Over 20 houses have been destroyed as around 120 bush and grass fires burn across New South Wales.

The parent of Philadelphia Energy Solutions will receive an additional $15mn upfront for damage from a refinery fire.

Everest, Swiss Re, Aspen and other reinsurers were accused by Integrand of delaying payment of claims from Irma and Maria.

A protest movement started by Chilean schoolgirls has taken the market by surprise.

The Texas Windstorm Insurance Association also increased its ultimate loss figure for Hurricane Harvey to $1.7bn.

The issues lag the size of expiring ILS cover for both carriers.

The deal will facilitate the payment of subrogation claims to insurers.

NDF Deutschland will work in tandem with a parallel UK-backed vehicle to mitigate developing world nat cat and climate change risk.

More than 2,000 firefighters are battling fires across the state after the driest spring on record.

The incident has prompted the filing of lawsuits over allegations that people were exposed to high levels of Butadiene.

The payout would remove a major obstacle to the settlement of $11bn in insurance subrogation claims.