-
Over 70 percent of the losses come from Hurricane Dorian.
-
The finance from the Global Risk Financing Facility (GRiF) will support Jamaica in expanding its financial protection.
-
The firm is the first risk modeller to issue an official estimate after the typhoon made landfall in Japan on 12 October.
-
A stronger storm, Typhoon Bualoi, is forecast to pass to the east of the country.
-
Tropical Storm Nestor made landfall at the St Vincent nature reserve off Florida's northern Gulf Coast on Saturday afternoon.
-
Tropical storm and storm surge warnings are in effect for the region.
-
The investment manager, which is currently in run-off, is also monitoring the impact of Typhoon Hagibis.
-
AIG had $550mn of cover for Japanese losses, analysts at Credit Suisse noted.
-
The Bermudian reinsurer expects to pay out about $100mn in losses from Faxai and about $55mn for Dorian claims.
-
The Saddleridge fire has destroyed 17 structures and damaged a further 77 properties.
-
Gross cat losses for Japanese insurers this year could top 2018’s 1.6tn yen ($15bn) following Typhoon Hagibis, according to equity analysts Jefferies.
-
Saddleridge is one of several wildfires to have hit California in recent days, with nearly 160,000 acres and 134 structures destroyed.