Losses

by Fiona Robertson and James Thaler | February 26, 2021

As some in the market believe the winter claims will remain notably below $20bn, there are multiple factors creating challenges in assessing the event.

by Samuel Casey | February 26, 2021

Foreign exchange losses and a decline in investment income compound an underwriting deterioration.

by Rachel Dalton | February 26, 2021

The UK and international unit swung to a £73mn loss as RSA took a 25% co-participation on its group aggregate placement.

by Rachel Dalton | February 26, 2021

The data aggregator puts total 2019/2020 UK winter wind and flood losses at £788mn.

by Anna Sagar | February 25, 2021

The modeller said it is “likely” that the number of claims could exceed the high of Hurricane Harvey in 2017.

by Samuel Casey and Adam McNestrie | February 25, 2021

The latest loss figure has climbed by more than $300mn in the past year as the pandemic has delayed clean-up operations.

by Anna Sagar | February 24, 2021

United Airlines’ all-risks policy could face liability claims, while the Pratt & Whitney policy could see a partial grounding claim.

by Catrin Shi | February 23, 2021

Huge uncertainty reigns over the ultimate size of the loss, the full extent of which will take months to play out.

by Anna Sagar | February 22, 2021

Despite the grounding of multiple Boeing 777 planes, the incident is unlikely to result in another claim from Boeing, sources said.

by John Hewitt Jones | February 19, 2021

The ratings agency says it will continue to monitor whether the cat event could affect the rating outlook for any entity.

by James Thaler and John Hewitt Jones | February 19, 2021

The veteran risk modeller says claims will be driven by the combination of anomalous temperatures that are well below average in a region unprepared for such a sudden freeze.

by Anna Sagar | February 19, 2021

The large number of “unwinterised” assets in the north of the state could lead to a slew of claims.