Insight and Intelligence on the Global Facultative Markets

19 May 2012

2011 major losses top $50bn in first quarter

15 April 2011

Estimated major losses during the first three months of 2011 already exceed the entire total for 2010, Inside FAC understands, with facultative writers expected to shoulder a sizeable share of the burden.

According to Aon Benfield, catastrophe claims during the first quarter of this year are expected to cause insured losses of $52.6bn - greater than the $42bn figure for the whole of 2010.

As previously reported, the second New Zealand earthquake could cost direct and facultative (D&F) writers $1.2bn,...

You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.

Purchase


Share: This article was published as part of issue April 2011/2

Insider Publishing Limited - 2nd Floor Asia House, 31-33 Lime Street, London, EC3M 7HT, United Kingdom. The content of this website is copyright of Insider Publishing Limited 2012. All rights reserved Insider Publishing Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π