Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

22 September 2017

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PCS puts initial Harvey loss estimate at $15.9bn

22 September 2017

Hurricane Harvey is likely to produce an industry insured loss of $15.9bn, data provider Property Claim Services (PCS) said in its initial survey of claims from the August event, sister publication The Insurance Insider reportedRead more

Allstate suffers $553mn of Harvey losses

21 September 2017

Allstate will incur net losses of $553mn from Hurricane Harvey, the Illinois carrier has forecastRead more

Everest Re deals among cat bonds with Caribbean exposure

21 September 2017

The Kilimanjaro Re series of cat bonds are among around a dozen deals with exposure to Caribbean hurricane risk, as Hurricane Maria hit Puerto Rico as a Category 4 hurricaneRead more

TSR: Maria tracks away from US

21 September 2017

Tropical Storm Risk shows the track of Hurricane Maria bending away from the US mainland in the next two daysRead more

Sidecar investors on watch as Hannover Re issues profit warning

21 September 2017

Hannover Re has said it may not reach its profit guidance of EUR1bn ($1.20bn) for the third quarter because of further strain put on its catastrophe budget by the Mexican earthquake and Hurricane MariaRead more

Markel Catco warns hurricanes may cause 2017 loss

21 September 2017

Markel Catco said it had reserved for a 6 percent hit to net asset value in August as a result of Hurricane Harvey, but that it was too early to give an estimate of Irma claimsRead more

RMS puts Irma insured losses at $35bn-$55bn

20 September 2017

Modelling firm RMS estimated that insured losses from Hurricane Irma will range from $35bn to $55bn, including up to $5.5bn of National Flood Insurance Program (NFIP) claims and as much as $20bn in Caribbean lossesRead more

Category 4 Maria makes landfall in Puerto Rico

20 September 2017

Hurricane Maria has made landfall in Puerto Rico at category 4 strength producing winds of up to about 155 mph (249 kph)Read more

ARC launches epidemic insurance

20 September 2017

The African Risk Capacity (ARC) has launched a new parametric insurance product covering disease outbreaks on the continentRead more

New Zealand struck by two earthquakes

20 September 2017

A 5.8 magnitude earthquake and a subsequent 5.0 magnitude event struck New Zealand today, hours after Mexico City suffered a 7.1 magnitude tremorRead more

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