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Bowling chain Hollywood Bowl is also suing Liberty Mutual for Covid-19 BI losses.
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The NOAA has warned of blizzards, flash-freezing, dangerous wind chill and sub-zero temperatures.
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Plus this week’s executive moves and all the latest exclusives of the week.
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The update to the October figure implies the ultimate number will comfortably breach the $50bn mark.
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The updated loss and allocated loss adjustment expenses in the property segment from the hurricane is now $1bn.
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The update is a slight increase to November’s 114bn yen estimate.
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Swiss Re said a loss-heavy 2022 adds to a continuation of elevated cat losses that started in 2017, after a benign period from 2012 to 2016.
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The flooding affected the states of New South Wales, Victoria and Tasmania.
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The Bermuda Monetary Authority expects carriers on the island to take a 25% share of the total industry loss.
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With weaker economic growth and competitive pressures hindering insurers' efforts to push through offsetting price increases, the ratings agency expects the sector's underwriting profitability to weaken.
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Inflation and a full post-pandemic return to shipping are expected to impact future claims.