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Across London, the US and Bermuda, Ascot Re will provide P&C, PI and specialty lines cover via its new aligned division. -
Experts fear for survivors, who now face an intense heatwave and up to a month without electricity.
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It recognised the debate surrounding the “plausibility” of such scenarios.
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Post-Covid demand surge is a particular focus and fear.
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Ida has weakened to a tropical storm after knocking out power to New Orleans and other coastal areas of Louisiana overnight.
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There have been 6,751 Seroja claims lodged, with 99.67% accepted and 46% of claims closed.
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Most of the damage occurred in Mexico as the country weathered an estimated $300mn of losses.
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The risk modeller said Henri’s weakening before landfall spared the northeast US from the damage originally forecast.
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At least 22 people have been killed, with 3,000 power outages reported in Humphreys County as of Monday morning.
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The hurricane made landfall near Tulum, registering a 986mb pressure reading.
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While the total number of hurricanes has not changed significantly, the global proportion of major hurricanes has increased over the past 40 years.
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He previously held roles at Tower Hill, Axis and Aon Benfield.
