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Caribbean property specialist MGA Aura Underwriting is expecting a $50mn loss as a result of hurricanes Irma and Maria, The Insurance Insider can report
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Travelers posted a 31 percent year on year drop in Q4 core income to $633mn, following $656mn of pre-tax losses from the Californian wildfires.
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Insurance-linked securities managers have reduced their estimates of losses taken from the August and September hurricanes, according to the Eurekahedge ILS Advisers Index.
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A group of sidecars tracked by sister title Trading Risk lost 10.5 percent of investors' capital on average after Harvey, Irma and Maria, according to regulatory filings from the Stone Ridge and Pioneer Interval funds.
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The implosion of Carillion is likely to add further losses to UK trade credit underwriters already reeling from the collapse of wholesaler Palmer & Harvey and airline Monarch.
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Continued excess capacity and the overall resilience of the market meant most 1 January accounts renewed flat on a risk-adjusted basis, according to Guy Carpenter.
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Insured losses from the Thomas wildfire that affected Southern California in December will range between $1bn and $2.5bn, RMS estimated.
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Windstorm Friederike caused estimated insured losses of EUR800mn ($979.9mn) in Germany, according to actuarial firm Meyerthole Siems Kohlruss (MSK).
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Alternative capital funds and small reinsurers are likely to lift their loss estimates from hurricanes Harvey, Irma and Maria (HIM), according to Jefferies.
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Storm Friederike, a powerful winter storm that struck western Europe on Thursday (19 January), is likely to cause hundreds of millions of euros in economic damage, according to Aon Benfield.
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Axis Capital has estimated its net losses from Q4 catastrophe and weather events at $130mn.
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California wildfire victims may get more time to sue their insurers and be able to force their carriers to be more flexible in applying benefits to help them recover if legislative proposals put forward today win passage.
