-
California Governor Gavin Newsom told PG&E on Friday that the current deal fails to comply with state law.
-
The Colorado State University experts had previously questioned whether an active period which began in 1995 had ended.
-
Approval of the settlement agreement puts PG&E on a path to emerge from Chapter 11 by 30 June, which is the deadline to participate in California’s wildfire fund.
-
-
An estimated 683 homes have now been burned as a result of the blazes. -
Varying levels of Japanese exposure led to a wide range in individual fund returns.
-
The typhoon is expected to reach Category 3 status by Tuesday local time, but the ILS cover is geared towards payouts for even stronger events.
-
It used to be called “diworsification” – a phrase coined by Dowling analysts that took hold and became the industry's standard jargon for low-priced international catastrophe risk back around 2011.
-
Late November flooding in parts of southeastern France and northwestern Italy follows an active year for weather losses in Italy.
-
Nippon Steel is expecting to cede an 8bn yen property loss to the commercial (re)insurance market.
-
Axis said the range was consistent with expectations that it would take on less than 1 percent of industry-wide claims from the catastrophe.
-
The cover will be provided by a consortium of 56 insurers, according to reports.
