22 March 2018

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October 2017/1

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October 2017/1
Publication Date: 6 October 2017

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D&F rating to rebound post HIM

9 October 2017

The extent, longevity and diversity of rating increases for the property direct and facultative (D&F) market remains very uncertain despite its likely exposure to substantial losses from hurricanes Harvey, Irma and Maria (HIM) and the Mexican earthquakes, Inside FAC understandsRead more

Merck cyber claim could be ‘game changer’

9 October 2017

A potential claim from US pharmaceutical giant Merck in relation to June's NotPetya cyber attack could be a "game changer" for the cyber (re)insurance market, according to participants at this year's Inside FAC Monte Carlo RoundtableRead more

Mexico insured losses could be $5.9bn

9 October 2017

The two major earthquakes which hit Mexico last month could cost the (re)insurance market up to $5.9bn, Inside FAC can revealRead more

Lloyd’s D&F market facing massive Maria exposure

9 October 2017

The scale of damage to coastal hotels and manufacturing facilities across Puerto Rico is likely to cause huge losses for the Lloyd's direct and facultative (D&F) market - which is the main reinsurance market for the US unincorporated territory, Inside FAC understandsRead more

Do Q3 cat loss estimates hint at modelling over-reliance?

9 October 2017

While modelling agencies' and (re)insurers' initial loss estimates are necessarily broad as a cat event, or series of events, unfolds, the numbers coming out on hurricanes Harvey, Irma and Maria (HIM) and the two Mexican earthquakes last month tell of massive uncertainty for third quarter (re)insurance claimsRead more

Markets reveal Q3 cat pain

9 October 2017

As (re)insurers' preliminary loss estimates pour in for hurricanes Harvey, Irma and Maria (HIM) and the two earthquakes that struck Mexico in September, there are indications that these events will disproportionately impact the direct and facultative (D&F) markets, with tangible rate hardening likely to followRead more

Harvey and Irma to cost Lloyd’s $4.5bn

9 October 2017

As the market steels itself for the full impact of industrial claims from Hurricane Maria, Lloyd's has given an initial estimate of $4.5bn in net claims from hurricanes Harvey and IrmaRead more

Perils raises Debbie estimate to $1.3bn

9 October 2017

Catastrophe loss data specialist Perils' third loss estimate for Tropical Cyclone Debbie, the Category 4 cyclone that struck Australia in March, put the insured loss at A$1.7bn ($1.3bn)Read more

GIC Re aims to raise $1.8bn from IPO

9 October 2017

India's state-backed GIC Re is aiming to raise as much as 113.7bn rupees ($1.768bn) from its initial public offering as it continues apace with its expansion plansRead more

Willis bolsters German fac practice with Mapfre hires

9 October 2017

Willis Towers Watson (WTW) has hired two senior underwriters from Mapfre Re as it looks to expand its facultative capabilities in German-speaking countries in EuropeRead more

Results: 19

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