The storms that hit Victoria in Australia on Tuesday (19 December) have been declared the fourth catastrophe of the year by the Insurance Council of Australia (ICA)
Blue Capital recorded a 0.67 increase in net asset value (NAV) for its London-listed Alternative Income Fund in November, according to a London Stock Exchange announcement.
Swiss Re has said 2017 will be one of the costliest years ever for catastrophes with insured losses predicted to hit $136bn - more than double the total of last year