Insight and Intelligence on the Global Facultative Markets

5 February 2012

Deepwater takes man-made losses to almost $5bn in 2010

14 June 2010

Man-made losses have surged to nearly $5bn in the year to date, after a torrid April and May included two single events that could cost the (re)insurance market some $4.5bn alone, according to analysis by Inside FAC.

The bulk of the losses relate to the Deepwater Horizon disaster in the Gulf of Mexico (GoM), which is seeing loss estimates continue to come in. Aspen is the latest underwriter to post a figure, with an estimated $25mn loss.

According to Swiss...

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