Data provider PCS has kept its insured industry loss figure for Hurricane Harvey largely stable at $15.9bn following its second survey of claims from the August storm, sources said.
The Massachusetts Pension Reserves Investment Management Board (MassPRIM) has allocated $250mn to the reinsurance sector, split between two managers, Aeolus and Markel Catco.
Swiss Re said that it expected the $95bn of catastrophe losses taken by (re)insurers in 2017 would cause an impact on pricing beyond loss-affected sectors.
Insured losses from Hurricane Irma drew near $6bn in Florida last week as more than a quarter of claims received have been closed without payment, the state's insurance regulator has reported.
Blue Capital recorded an 0.39 percent drop in net asset value (NAV) for its London-listed Alternative Income Fund in October, as it recorded losses from the recent California wildfires.
Allianz Global and Corporate Specialty (AGCS) said alternative risk veteran Bill Guffey has stepped down as it named Paul Schiavone as his successor as global head of alternative risk transfer (ART).
