Insight and Intelligence on the Global Facultative Markets

19 May 2012

Lloyd’s losses continue to add to NZ earthquake tally

24 January 2011

Lloyd's (re)insurers Hiscox, Beazley and Brit can expect a combined $110mn hit from the New Zealand earthquake, according to the latest research into a catastrophe whose loss impact continues to creep upwards.

Keefe Bruyette & Woods analyst Christopher Hitchings said Hiscox was now in line for approximately $50mn of losses from New Zealand. Leading casualty underwriter Beazley may expect a net loss of $35mn, he suggested, while calculating that Brit could expect a loss of around $25mn.

Hitchings suggested that...

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 January 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