-
Compared with its initial figure, CatIQ’s latest estimate has increased by 40%. -
-
Guy Carpenter said personal lines exposure would account for 85% of the aggregate loss.
-
Theo Norris joins from Gallagher Re, which brokered one of the first 144A cyber cat bonds.
-
The industry loss number has increased threefold from an initial $5bn pick.
-
The total includes fire and smoke damage plus living expenses for evacuees.
-
The fire started Wednesday morning and is currently 0% contained.
-
He was appointed acting CEO earlier this month, after Andrade’s departure.
-
Losses from the larger fire will amount to $20bn-$25bn, the modeller said.
-
Severe convective storms accounted for 41% of last year’s insured loss load.
-
The former Credit Suisse ILS head Niklaus Hilti said working on life buyout hedges could rejuvenate the life ILS market.
-
The vehicle has $2.55bn in capital committed by institutional investors.
