Hurricane
-
AlphaCat investors picked up $18mn of losses in the fourth quarter from Hurricane Matthew and the Kaikoura New Zealand earthquake
-
XL Bermuda's Galilei cat bonds have helped the insurer reduce its probable maximum loss (PML) from a North American windstorm by 20-30 percent for 2017, according to president of property and casualty Greg Hendrick.
-
RenaissanceRe grew its Upsilon funds platform by a net $92.3mn in January, it disclosed in fourth quarter results that included $60.1mn of losses from Hurricane Matthew
-
An insurance-linked securities (ILS) regime in the UK would improve the London market's ability to respond in the event of a major loss, according to Inge Beale, CEO of Lloyd's of London.
-
The London market could withstand a scenario of two subsequent major catastrophe losses costing $200bn in total, according to a white paper from an industry steering group.
-
Markel Catco said that claims from last year's Hurricane Matthew and the Kaikoura, New Zealand earthquake had each taken 1 percentage point off its returns for 2016
-
The Blue Capital Global Reinsurance fund reported a 2016 annual return of 8.26 percent, down from 9.6 percent in 2015, after taking losses from Hurricane Matthew and the Canadian wildfires.
-
A leading insurer in the Bahamas has reduced its Hurricane Matthew loss estimate by a fifth to $80mn, before reinsurance recoveries, according to reports.
-
New research suggests that in periods of active Atlantic hurricane activity a "buffer zone" surrounds the southern US coastline that helps to curb landfalling storms.
-
An upcoming payout from the Gator Re cat bond is on track to make tornado losses more costly for ILS investors than the sector's hurricane claims to date.
-
As a New Zealander, I grew up accustomed to watching rugby players crash around the field armed with little more than a bit of strapping on their ears.
-
The Florida Office of Insurance Regulation has said that insured losses from Hurricane Matthew have increased over 10 percent to $803mn.