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The losses will not trigger its FHCF or reinsurance protection.
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The Everest Re sidecar will have less capacity in 2019, the reinsurer has told brokers.
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The Lloyd’s business planning process is drawing to a close after a difficult year for London syndicates.
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The Covea CEO’s resignation follows his company’s thwarted takeover of Scor.
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The AlphaCat CEO will assist AIG with the use of modelling technologies.
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Sources said that Berkshire Hathaway will not support the cover for 2019.
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The Florida insurer said it had no concerns about collateral availability to meet Irma claims.
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The Q3 income offset losses recorded in H1.
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The loss contributed to a $1.6bn quarterly cat loss at new parent AIG.
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The $1.5bn deal also entails a reinsurance co-operation agreement between buyer and seller.
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Former Marsh broker Richard Green has joined as regional head of the alternative risk transfer business.
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The insurer's reinsurance cover is expected to be only lightly impacted if losses reach the top end of its estimate.