-
Some argue that what appears to be a stepping back by Japanese investors may just be a pause as investors switch managers. -
The carrier expects to restructure quota share and aggregate protections after heavy losses.
-
Tornado outbreaks along with thunderstorms caused significant damage.
-
Losses from 2019 Japanese cat events have risen by nearly 13 percent since mid-March.
-
The data firm’s latest survey shows $108bn in premiums across 236 million policies in Europe and Australasia this year.
-
Windstorms and heavy rain earlier this month were already likely to cause over $1bn in estimated insured losses.
-
There were at least 121 confirmed tornado touchdowns from Texas to Maryland from 10-14 April.
-
The scheduled capital release next month stems largely from 2019 side pockets, the company said.
-
There are also likely to be substantial property insurance claims.
-
The asset manager said it would also be impacted by a slowdown in auto insurance premiums.
-
The forecaster expects activity to be 5-10 percent higher than the past 10-year average.
-
The firm revised its 2019 estimate for insured disaster losses up by $4bn but kept Typhoon Hagibis under $10bn.
