- Brexit-light at the end of the tunnel for UK financial services?
- Lloyd's announces aggregated market loss of £2bn for 2017-the first loss for six years
- London Market agrees a mandate to use electronic placement with a sliding scale by quarter
- ABI and leading UK insurers welcome a Bill to reform the law relating to whiplash claims and the way in which the personal injury Ogden Discount Rate is set
- Insurance Europe develops a template that could help companies meet the obligation under the General Data Protection Regulation(GDPR)
- The Institutes and the International Insurance Society(IIS) announce a strategic affiliation
- gradient A.I., a Milliman predictive analytics platform, now aids management of workers' compensation risk expired
- SSP Keychoice extends long-term relationship with RAC for a further five years expired
- Atradius reports a strong 2017 result expired
- IGI profit dips but 19% growth in GWP expired
- Ping An net profit up 43% in 2017 expired
- Liberty Specialty Markets appoints Hitchcock to new position of Paris-based Terrorism Underwriter with a European roving role expired
20th September 2017
AIR Worldwide latest estimates of insured losses in US and Caribbean from Hurricane Irma range from $32bn to $50bn
Catastrophe modelling firm AIR Worldwide estimates combined industry insured losses for Hurricane Irma for the US and the Caribbean will range from $32bn and $50bn. AIR estimates industry insured losses for the United States resulting from Hurricane Irma will range from $25bn to $35bn. For the Caribbean, the latest range is from $7bn billion to $15bn.
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