Losses
-
Early evidence is leading the (re)insurance market to hope the storm can avoid the development curve of its 2017 predecessor Hurricane Irma. -
More rain is forecast for Auckland, with three 'heavy rain warning – red' notices issued today.
-
The intermediary tallied $360bn in economic losses worldwide.
-
Mayor Wayne Brown said infrastructure and emergency services had been overwhelmed by the storm’s impact.
-
The loss aggregator pegged the loss figure at A$791mn in its initial claim estimate.
-
The broker found that the insured-loss figure for 2022 was nearly 60% higher than the annual average over the 21st century.
-
Total economic losses are likely to be between $5bn and $7bn.
-
The regulator examined carriers’ ability to model nat-cat and cyber events, with mixed results.
-
This takes its ex-Florida cat losses since the start of its reinsurance annual risk period in April above $2bn.
-
The Ontario and Quebec derecho was the most severe weather event for Canada in 2022, causing C$1bn worth of losses.
-
The federal flood program expects ultimate losses to reach between $3.5bn and $5.3bn.
-
The firm missed its earning per share target for the quarter.
Most Recent
-
NFIP targets $250mn FloodSmart Re coverage
06 February 2023 -
Louisiana lawmakers pass $45mn insurance incentive bill
06 February 2023 -
Moody’s downgrades Scor's financial strength rating
06 February 2023