See Lloyd’s half-year financial statements detailing premiums, claims, expenses and investment income, which combined produced a net profit of £2,395m.
Read moreRMS estimates that nearly all of the Caribbean insured losses will come from the Bahamas, particularly Grand Bahama and Abaco Islands. This loss estimate reflects property damage and business interruption caused by wind and storm surge-driven coastal flooding to residential, commercial, industrial, marine and automobile lines of business, plus factors for both post-event loss amplification (PLA) and non-modelled losses
Read moreHaving battered the Bahamas as a Category 5 storm with sustained winds of 185mph, slow moving Hurricane Dorian has now reduced to Category 1 with winds of 90mph and set to weaken further still.
Read moreCategory 3 Hurricane Dorian has stalled over the northern islands of the Bahamas for the last 24 hours, believed to be an unprecedented length of time, and as a result is causing a great deal of damage in the small island of Great Abaco which sits north of Nassau and the main Bahamas island.
Read moreFurther to our HUR Bulletin dated 16th August 2019 we are pleased to advise that Hiscox plans to increase Syndicate 33's 2020 stamp capacity from £1.4bn to £1.7bn. This represents a proposed pre-emption of 21.4% increase in capacity.
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