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Losses
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Jebi storm surge set to trigger ‘substantial’ marine cargo claims
Most powerful typhoon to hit Japan for 25 years is set to become ‘notable event’ for local insurance industry
Loss Updates
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Primary insurers expected to retain large chunk of California wildfire losses
Primary carriers retain most of their wildfire-exposed business in the state, according to Kroll Bond Rating Agency
Citizens expects just $142m in losses from Hurricane Michael
More than $3bn of claims have now been paid in Florida as a result of the storm
California wildfire estimates rise as number of properties destroyed tops 10,000
Credit Suisse suggests losses may be as high as $10bn
PartnerRe books $106m Q3 loss as nat cats weigh
The reinsurer booked $120m in pre-tax losses from typhoons Jebi and Trami and Hurricane Florence
Syndicate forecasts show deterioration of 2016 and 2017 years of account
Market forecasting £1.2bn loss for 2016 underwriting year, while 2017 year projection is for £2.9bn loss at mid-point
Credit Suisse estimates up to $10bn in insured California wildfire losses
Reinsurance operations of Everest Re, Arch Capital and WR Berkley likely to be most exposed to the fires
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