Hurricane Isaias insured losses seen in low billions as market absorbs Florida hit
Verisk estimates onshore insured property losses of $1bn-$2bn, while Gallagher Re expects a broader insured total at the lower end of the low-to-mid-single-digit billion range
Latest updates
Liberty Mutual Re appoints Øyan market manager for Nordics
Former Protector Forsikring executive will support growth across Northern Europe from Liberty’s Oslo office
Willis appoints Chang global D&F growth leader
Ex Aon exec joins in Miami to support growth across Willis’ global direct and facultative business
Flood Re appoints Green as new chair
Senior independent director will succeed Bridget Rosewell CBE, subject to regulatory approval
MS Amlin ups support for Ukraine war-risk facility to €130m
EBRD-backed scheme expands to €150m as additional insurers join and cover broadens to include gas assets and warehouse inventory
Price Forbes, Brit launch Accordium integrated property, cargo and terrorism facility
Accordium will target international SME and mid-market clients with up to $1bn of total insured values through a single London market policy
Verisk’s Newbold highlights data centre exposures and AI underwriting risks
Rob Newbold, president of Verisk Extreme Event Solutions, discusses data centre concentrations, the need for human oversight of AI and catastrophe risk beyond the pricing cycle
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