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It is likely that the multiple potential issues stemming from California will remain a key wildcard for the industry for the foreseeable future.
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AM Best has revised Pennsylvania-based Aegis Security Insurance’s financial strength rating (FSR) to A- from A, and placed the company under review with negative implications.
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Towns are evacuated in the north, while flash flooding cuts power in Australia’s largest city.
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The November fires tear through the Los Angeles carrier's main reinsurance programme.
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The modelling firm lifts its top-end forecast by $1bn.
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The current state of the aviation market brings to mind that oft-cited line from Charles Dickens’ novel David Copperfield.
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Secondary market pricing indications show that investors are expecting another $227mn of losses
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The most destructive and deadly of the recent wildfires destroyed 13,972 residences and 528 commercial buildings.
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The Insider 50 contracted by 5.6 percent last week.
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The storms will reduce the net asset value of securities in the Catco Reinsurance Opportunities Fund by as much as 9.8 percent.
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Our smart friends at Litmus Analysis recently wrote a blog that got us thinking.
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Losses are likely to negatively impact fourth quarter earnings of companies with exposure to the Camp and Woolsey wildfires.
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