Hurricane

Lancashire has said that its net losses from Hurricanes Harvey, Irma and Maria, and recent Mexican earthquakes could reach from $106mn up to $212mn

Hurricane Nate made landfall near the Louisiana/ Mississippi overnight as a Category 1 hurricane, as the threat to the metropolitan area of New Orleans was downgraded by the National Hurricane Center (NHC).

Six tropical storms and hurricanes of category 2 and below that have previously hit Louisiana produced economic losses that average $3.2bn in current dollar terms, according to the Icat damage estimator.

The two Pelican catastrophe bonds issued by Louisiana Citizens Property Insurance Corporation are exposed to incoming Tropical Storm Nate following the National Hurricane Centre's (NHC) issuance of a hurricane warning for the area of Louisiana stretching from Morgan City to the Mississippi border.

Retro market sources have expressed surprise at Markel Catco's initial loss estimate for 2017 catastrophe events, after it said investment returns for the year could range from a 5 percent gain to a 15 percent loss.

For the first time in years, finding a subject to talk about was not a problem at the industry's annual gathering in Monte Carlo. Hurricane Irma was the topic on everyone's minds.

MS Amlin parent MS&AD has estimated its pre-tax losses from hurricanes Harvey, Irma and Maria and the Mexican earthquakes at 70bn yen to 110bn yen ($621mn-$976mn)

Entropics reported a 5.53 percent decrease in returns for its institutional Cat Bond Fund - Class (I) in September, down from a positive return of 0.56 percent in August.

The PCS loss estimates for hurricanes Harvey and Irma, of $15.9bn and $18.0bn respectively, would not trigger any of XL Catlin's $1.88bn of cat bonds, according to Buckingham Research Group analyst Amit Kumar.

MS Amlin parent MS&AD has estimated its pre-tax losses from hurricanes Harvey, Irma and Maria and the Mexican earthquakes at 70bn yen to 110bn yen ($621mn-$976mn)

For the first time in years, finding a subject to talk about was not a problem at the industry's annual gathering in Monte Carlo. Hurricane Irma was the topic on everyone's minds as the storm battered Florida on the Sunday evening of the Rendez-Vous.

Tropical Storm Nate is forecast to reach hurricane strength by the time it reaches the northern Gulf Coast this weekend, the National Hurricane Center (NHC) said