Hurricane

American Financial Group (AFG) expects to take a $105mn net loss from third quarter catastrophe events including hurricanes Harvey, Irma and Maria, as well as the two major earthquakes in Mexico in September.

ILS fund returns were down 0.34 percent on average in August, according to the Eurekahedge ILS Advisers Index.

Farmers said its reinsurers would pick up the full $140mn gross loss it incurred from Hurricane Irma.

Data provider Property Claim Services (PCS) has released its initial view on insured losses within US territories from Hurricane Irma, putting the figure at $18.03bn, sister publication The Insurance Insider revealed

The $200mn Kilimanjaro Re 2014-B cat bond has been downgraded from aa BB- to a B- rating by Standard & Poor's (S&P) following hurricanes Harvey, Irma and Maria.

Chubb said it is anticipating pre-tax losses resulting from Q3 catastrophes to reach $352mn, including net insurance and reinsurance losses from Hurricane Maria of $220mn.

Hiscox said it would take a net $225mn of losses from Hurricanes Harvey and Irma as CEO Bronek Masojada forecast that the rate reaction to losses would spread beyond property insurance and catastrophe reinsurance.

Markel Catco estimated its 2017 annual return would range from a 5 percent gain to a 15 percent loss following recent catastrophe activity.

Insured losses from Hurricane Maria are likely to reach $29.8bn, said modelling company Karen Clark & Company (KCC) on Friday.

Modelling agency RMS has pegged losses from Hurricane Maria, the storm that devastated Puerto Rico earlier this month, at $15bn-$30bn

Net claims for the Lloyd's market from Hurricanes Harvey and Irma could reach $4.5bn after reinsurance.

Global insurer Chubb said hurricanes Harvey and Irma would cost it up to $1.6bn before tax and net of reinsurance, but the individual loss numbers for each event suggest its main catastrophe treaty may remain intact.