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Hurricane Milton: Bull and bear camps dispute loss toll

Sarasota, Florida, USA. 10th October, 2024. Residents survey damage to their neighborhood following Hurricane Milton. Credit: david childers/Alamy Live News
Jacob has held senior roles at Axis International and Crawford & Company.
Insurance Insider US Team, 15 October 2024
Latest News

Latest News

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Daily Digest: Top news from 15 October
A roundup of all the news you need today, including KCC’s estimate of insured losses from Hurricane Milton.
Insurance Insider, 15 October 2024
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Arch Capital makes Papadopoulo CEO as Grandisson retires in shock exit
The executive has been group CUO since 2021.
Rachel Dalton, 14 October 2024
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PPL books £5.8mn 2023 loss and confirms plans for Lloyd’s stake in HoldCo
Lloyd’s is to take a 75% stake in PPL Technologies Group.
Marcel Le Gouais, 14 October 2024
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Volt energy MGA launches with Dale Underwriting Partners’ support
BP Marsh has taken a 25.5% stake in the energy-transition business.
Rachel Dalton, 14 October 2024
Behind the Headlines

New Podcast: Behind the Headlines

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Behind the Headlines: Milton latest and Munich Re's Dominick Hoare on geographic expansion in specialty

How is the market positioned to withstand Hurricane Milton?
10 October 2024

Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.

Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.

Every other Friday morning, Behind the Headlines will break down the biggest stories of the last two weeks. Sam will discuss these stories with the journalists who broke them: Catrin Shi, Fiona Robertson, Rachel Dalton and the rest of Insurance Insider's award-winning editorial team.

Plus, he will interview the big names from the London market, getting their perspectives on the state of the industry and the latest headlines.

Opinion

Opinion

Milton: Day-after mark-to-market favourable for Lloyd’s

A more residential-skewed loss would impact Lloyd’s carriers in treaty where market share is lower.
Fiona Robertson, 11 October 2024
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Most Read

Analysis

Analysis

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Hurricane Milton: The story so far in five charts
Milton made landfall south of Tampa Bay at Category 3 on Wednesday night.
Ben Wylie, 10 October 2024
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Milton will be a more complex test for Lloyd’s than Ian
Setting aside the storm’s greater potential insured loss scale, the flood risk implies greater exposure.
Fiona Robertson, 10 October 2024
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Could trade credit be an untapped growth niche for Lloyd’s?
Increased interest follows ratings agency upgrades of Lloyd’s paper.
Abbie Day, 09 October 2024
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Hurricane Milton: The Big One?
Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
Adam McNestrie, 08 October 2024
More News

More News

Interviews
Interviews

Interviews

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International cat writers must stay on top of evolving risks: Hiscox Re
Nick Orton said the market is now pricing for non-peak perils, amid some surprise losses.
Fiona Robertson, 27 September 2024
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US casualty is not ‘quite there yet’ on remediation: Swiss Re’s Ningen
Pockets in the business are still experiencing significant stress, she added.
Kyoung-son Song, 24 September 2024
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Optio to target European M&A: New CEO Soni
The MGA aims to capitalise on the growth and maturation of the continental MGA sector.
Rachel Dalton, 18 September 2024
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Probitas acquisition ‘makes the Lloyd’s dream a reality’: Aviva’s Washington
The executive said that being in Lloyd’s would help the carrier’s global distribution.
Samuel Casey, 16 September 2024

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08 July 2024
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FERMA European Risk Forum 2024

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From our other titles

From our other titles

A Lee County Sheriff's officer patrols the streets of Cape Coral, Fla., as heavy rain falls ahead of Hurricane Milton, Wednesday, Oct. 9, 2024. (AP Photo/Marta Lavandier)
From Insurance Insider US

Milton: An analysis of who reinsures the market and past hurricane losses

MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
A Lee County Sheriff's officer patrols the streets of Cape Coral, Fla., as heavy rain falls ahead of Hurricane Milton, Wednesday, Oct. 9, 2024. (AP Photo/Marta Lavandier)
From Insurance Insider ILS

Swiss Re Global Cat Bond price return index down 1.34% on Milton

The P&C industry reported its best Q2 combined ratio since 2021, but was still a loss-making underwriting result.
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From Insurance Insider US

Will New York City’s rideshare insurance woes spread to other markets?

A large number of new entrants and the growth of litigation finance challenge E&S enthusiasm.
Highway signage announces the impending arrival of Hurricane Milton and the evacuations zones on Tuesday, Oct. 8, 2024, in Port Richey, Fla. (AP Photo/Mike Carlson)
From Insurance Insider ILS

The shape of ILS Milton losses: Factors to watch

Collateralised reinsurance and retro are in the firing line.