Claims and losses

Barbican Managing Agency underwriting director David Booth steps into the role on an interim basis.

The reinsurer cited loss creep from last year’s Hurricanes Harvey, Irma and Maria as well as fresh cat losses.

Large shipping losses have fallen nearly 40 percent over the past 10 years.

Even with the most in-depth data, those attempting to estimate the insured or economic loss from a major hurricane are always bound to be off by some degree, especially when it comes to complex events such as hurricanes hitting densely populated areas.

The catastrophe data firm delivers its third estimate of claims from the January storm.

Advent has made an underwriting loss each year in the past three years, and received the Lloyd’s remediation letter.

Aon Benfield estimates economic damage from Typhoon Maria to date at about $430mn.

Despite the high cost to human life, property losses remain relatively low.

The warranty provider's acceptance of liability may have ramifications for other properties being re-clad after the Grenfell Tower fire last year.

The month was one of the most active for catastrophe events to date in 2018.

Fast-moving Category 4 storm may reach China mainland by Wednesday.

Gains reflect shrinking loss ratios as premiums surge 37%, statutory filings show.