-
“Trapital” is once again throwing out renewal schedules in the ILS market after recent typhoon losses have complicated the run-up to 1 January.
-
The ICA estimates $75mn of claims to date from the Queensland and New South Wales bush fires, with another $27mn of claims from yesterday’s hailstorms.
-
The initial estimate may increase, with more rain due in the coming days.
-
Around 150 fires are blazing in Queensland and New South Wales.
-
Casualty rates and T&Cs should improve for 24-36 months, the executive said.
-
Executives who have been upfront about the need to batten down the hatches ahead of the impending casualty storm must be feeling a little put upon.
-
IAG's aggregate reinsurance contracts will be a major area of exposure.
-
Canaccord Genuity now expects Beazley’s earnings to be 25 percent lower than its previous forecast this year.
-
The index grew for the second consecutive week, recouping the entire 1.6 percent loss made in October.
-
More analysis of the system is needed to protect policyholders.
-
New South Wales and Queensland declare states of emergency.
-
Hurricane season is drawing to a close and wildfires in California are dwindling. But now another “storm” with massive potential impact is gaining strength, and starting to wreak havoc on insurers’ bottom lines.
Most Recent
