Claims and losses

One storm that struck New York, Pennsylvania and Ohio accounted for over half of claims.

The company has not yet managed to resume normal operations following the ransomware attack.

Insurers have received 25,778 claims relating to the flooding in Queensland earlier this year, the Insurance Council of Australia said.

The state-backed insurer is looking to refine its reinsurance programme but overall demand remains subdued after it has depopulated its portfolio.

Second estimate within a single percentage point of first evaluation

That figure represents claims reported through 15 March.

We are currently selling pea shooters when the client needs a bazooka.

Underwriters are preparing for a major claim from Boeing and fear another loss-making year.

Benchimol hopeful of mid-year correction after disappointing 1 January renewal.

The five listed Florida-based P&C insurers were pushed into the red by adverse reserve development and Hurricane Michael.

Losses from Hurricane Irma loss have crept up by between 58 percent and 140 percent for Floridian specialist carriers.

With two consecutive years of heavy catastrophe losses, it’s clear why Swiss Re won’t throw caution to the wind – even though the days when it went cap in hand to Warren Buffett are long gone.