Claims and losses

The ratings agency says losses are likely to extend beyond retentions for the big three.

Jebi, summer floods and Trami with leave reinsurers with significant losses.

Hurricane Florence and typhoons Jebi and Mangkhut brought collectively tens of billions of dollars of insured losses in September.

The estimate equates to 6.4 percent of shareholder equity.

Outstanding claims from Hurricanes Irma and Maria contributed to the Puerto Rican carrier’s troubles, according to local press.

CEO Stephen Hester describes the UK and London business as the group’s ‘primary headache’.

A strengthening economic environment and tightening of underwriting following catastrophe losses will lead to improved rates, according to Dr Schanz, Alms & Company.

The UK flood reinsurance scheme said premiums charged to insurers would fall 12.5 percent for buildings and 33 percent for contents.

A bridge and hotel are among the landmarks reduced to rubble as rescue efforts continue.

At least 750,000 homes lost power and a number of trains and flights were disrupted as the storm swept through.

The storm is expected to strengthen to a Category 3 after hitting Okinawa tomorrow.

Japan's second typhoon in a month is due to hit Okinawa on Saturday.