Claims and losses

A tally of first-round PCS claims estimates for natural catastrophes in the US territories and the Caribbean puts total insured losses to $71.8bn for the year-to-date.

Natural catastrophe losses drove Talanx to report an operating loss of EUR21mn ($24.5mn) in the third quarter.

Liberty Mutual had gross catastrophe losses of just over $2.0bn from hurricanes Harvey, Irma and Maria, though reinsurance recoveries trimmed the figure to $1.2bn, company executives said on a recent earnings call.

If Hurricane Irma had run a different path up Florida's west coast to generate a $60bn industry loss, 21 of the state's domestic carriers would have gone through their cat programmes and into their surplus, according to RenRe's property CUO Justin O'Keefe

With the Californian wildfires reported to now be almost entirely contained, a clearer picture of the impact on the industry is starting to emerge

Shares in AmTrust dropped 11 percent in New York trading today after posting a surprise third quarter operating loss as catastrophe claims punished its results

Travelers expects to incur losses of $525mn to $675mn from October's wildfires in California, as major personal lines insurers continue to disclose sizeable claims

Bermuda carrier Axis has estimated that last month's Californian wildfires would cost it $35mn to $45mn before tax and net of reinsurance

Zurich P&C gross written premium (GWP) fell 2 percent year on year in the nine months to September 30 to $25.35bn.

Beazley expects its full-year 2017 combined ratio to be around 100 percent, following an estimated $200mn-$300mn in total natural catastrophe claims for the second half of the year.

The niche aviation hull war market is facing the prospect of an underwriting loss for 2017 following the confiscation of two Siam Air Transport planes, The Insurance Insider can reveal

Hannover Re fell to a Q3 operating loss of EUR33mn ($38.2mn) at its P&C reinsurance division, following EUR735.6mn of net natural catastrophe losses in the third quarter.