Losses

No loss was large enough to breach the per-occurrence limits of the carrier’s reinsurance treaties.

The carrier says the claims outstrip expectations by $20mn as it predicts a Q4 combined ratio of up to 96.5 percent.

The American insurer also takes a $51mn pre-tax charge from the phase-out of its Esurance brand.

Wildfires, tornadoes and civil unrest in Hong Kong and Chile contributed to losses.

The lagging loss tally has risen 35 percent in the past week.

A 6.4-magnitude earthquake last Tuesday triggered widespread blackouts on the crisis-battered island.

The Costa Sur plant, the island's largest, could be out of commission for as long as a year.

Concerns have arisen over how payment may be split if the aircraft’s black box is not recovered.

Flooding in the Missouri, Arkansas and Mississippi rivers accounted for almost half the total.

Blazes not expected to breach occurrence retentions despite generous hours clauses.

Rain brings temporary reprieve to parts of New South Wales, though hot and dry conditions are forecast to resume.

The fires have triggered more than 6,000 claims from four eastern and southern Australian states since September.