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The loss aggregator says the December event will rank as one of the worst hailstorms on record for Australia
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Fema purchased $1.32bn of cover at 1 January, down from $1.46bn in 2018. -
Lloyd’s Decile 10 review hits the power market.
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Bermudian total return reinsurer reignites market flotation plan.
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Legal ruling could put insurers on the hook for damages for a problem that could total $8.75bn.
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A data deficit means it’s often too early to make assumptions about rising global temperatures.
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The utility has requested permission to continue to pay insurance premiums totalling around $439mn a year.
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The news of the latest Brazilian mining dam disaster is devastating, and unfortunately not without a sense of déjà vu.
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The Brazilian unit of AGCS and the London market has exposure to the loss, sources said.
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Will “payback” be in vogue in the mid-year renewals?
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California utility PG&E was cleared of responsibility for 2017’s Tubbs Fire by state officials.
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The losses are primarily related to Hurricane Michael, the Camp and Woolsey wildfires in California and the December hailstorm in Australia.
