Australian carrier Suncorp exceeded its natural catastrophe claims budget for the six months to 31 December by A$65mn ($51.8mn), primarily driven by losses from the Victoria hailstorm in December.
Ratings agency, Demotech, is yet to pass judgement on 16 Floridian insurers it covers after affirming ratings on the majority of this peer group in a recent announcement.
Australian carrier IAG recouped A$120mn ($94mn) from reinsurers on its aggregate programme during the six months ended 31 December, helping to keep its catastrophe losses below budget.
MS Amlin took 77.8bn yen ($724mn) of losses from last year's hurricanes and Californian wildfires, with 24.9bn yen ($232mn) of these losses coming through in the fourth quarter due to the Californian wildfires.
Swedish state pension fund AP2 has reported that the fair value of its ILS investments held steady in US dollar terms throughout the course of 2017, reaching 5.13bn Kronor ($627mn) at year-end 2017.
