-
If Hurricane Andrew were to hit the coastal regions of Florida today, insured losses would be nearly four times the $15.5bn borne by carriers 30 years ago. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Cedants will either have to cede away more margin to reinsurers, re-underwrite their portfolios to reduce volatility, or dial up their cat bets.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Twia noted that the cancellations had come as Texas enters peak hurricane season.
-
The broker sees rising costs pushing more careful underwriting and rate rises across multiple business lines for the rest of 2022.
-
Demotech wrote to more than 15 carriers to warn of a possible downgrade last month.
-
The carrier will operate regional offices in New York, Chicago, Atlanta and San Francisco.
-
Louisiana policyholders have filed 460,709 claims of all types, of which 65% were closed with payment.
-
Initial loss estimates from convective storms and flash flooding place the economic impact in the hundreds of millions, although Aon warned losses may rise further.
-
Joe Petrelli said Demotech would continue to follow its independent methodology, despite outside pressure.
-
A further 3,271 structures, including both homes and businesses, are under threat from the wildfire.
Most Recent
