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Claims arose from events including Hurricane Delta, Hurricane Zeta and Tropical Storm Eta.
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Natural catastrophe losses were up 40% year-on-year to $76bn, 7% above the 10-year average. -
Aon’s Impact Forecasting put total insured losses across various events including Hurricane Eta at $1.2bn or more.
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The permitted growth has accelerated from a 7% increase moving from 2019 to 2020.
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Suncorp, IAG and QBE reinsurers could face significant recoveries after a landmark court ruling.
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The carrier’s annual catastrophe losses ticked up to $2.9bn in October.
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The cyber insurance sector is set to grow to $20bn by 2025, the broker said.
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This third payment will be the largest yet received by Central American country.
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Nearly 80% of respondents said underwriting capacity decreased in the quarter.
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The storm becomes the 30th tropical cyclone to form in this year's Atlantic hurricane season.
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A paper in the journal Nature argues that climate change is fuelling the problem.
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The storm caused flooding and storm surges along Florida’s Gulf Coast
