Seven districts of New Zealand have been declared a state of emergency as former cyclone Gita hit its west coast today with winds of up to 140 kilometres an hour.
Japanese technology firm SoftBank has requested several board positions as part of its proposed purchase of 20 to 30 percent of Swiss Re, according to the Financial Times.
The 7.2 magnitude earthquake which hit Mexico on Friday will not trigger a pay out from the World Bank's new CAR 118 - 119 cat bond issued earlier this month.
The Bermuda Monetary Authority (BMA) has asked local alternative reinsurance operators to disclose a detailed schedule of contracts written and losses incurred, including within loss-struck 2017 portfolios.
