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The service is the first fully probabilistic model for inland flooding for both typhoon and non-typhoon events in China.
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The loss estimate for last year’s windstorm has risen from EUR255mn as of April.
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Evidence is mounting that European carriers are being hurt more than expected by third-quarter losses.
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The executive says pricing is not keeping pace with loss-cost trends.
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Taiwan and mainland China are among the territories that lie in the Category 5 storm's potential path.
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AM Best said it expects the biggest impacts for most primary insurers to be from wind and downed tree damage to roofs and cars.
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The storm weakened to a tropical depression early Wednesday, with sustained winds of 25 mph.
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The majority of artwork was salvaged from the building but the market is still on risk.
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Rate increases remain elusive, says CEO Al Subaey.
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The figure has crept by 6 percent since June.
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This is the third time Arch has sought cover for its mortgage book via an ILS deal in 2018.
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Subtle shifts are apparent in reinsurance market share for the counties in the line of Hurricane Michael versus state-wide data.
