-
Concerning hurricane forecasts are among the factors driving tighter reinsurer capacity. -
The outlook calls for an 85% chance of an above-normal season.
-
The program includes all perils coverage and third-event protection.
-
The total economic cost from the catastrophe is estimated to be EUR9bn.
-
This takes pre-tax cat losses for the calendar year to $1.23bn
-
P&C re and CorSo reported improved net profits and combined ratios for the quarter.
-
The ratings agency warns that wildfire is an increasingly risky and unpredictable peril.
-
The carrier experienced a benign Q1 for catastrophic loss activity.
-
Large losses came to EUR52mn with low retro recoveries.
-
Storms struck the Great Plains, the Midwest and the Southeast.
-
Cession ratios declined at three of the four publicly listed Floridians.
-
The carrier also reported a $16mn satellite loss during the quarter.
