Perils has given an initial loss estimate for extra-tropical Cyclone Eleanor of EUR 643mn ($789.3mn), coming in well below modelled loss projections that the storm could surpass EUR1bn in damages.
Markel Catco's "eye-catching" hike to its wildfire loss reserves in its December monthly report implies that the Californian disasters triggered the firm's "floating back-up" pillars, according to a Numis analyst's note.
Arch Capital has put its fourth quarter net catastrophe losses at just $0.8mn, as losses from the Californian wildfires were offset by reductions to its claims linked to third quarter hurricanes.
MyLotto24 has returned to the ILS market with its third ILS structure, Hoplon III, which comprises a combination of collateralised reinsurance and a cat bond.
