Hurricane Milton made landfall on Wednesday evening, 9 October, as a Category 3 hurricane. Our current working assumption, as we await commentary from underwriters and catastrophe modelling companies, is of an insured loss in the region of $40bn-$60bn excluding National Flood Insurance Programme (NFIP) losses.
Read morePreliminary reports on Hurricane Helene suggest that it is a small loss to the reinsurance industry albeit a record-breaking event. The impact of Helene is still unfolding
Read moreThis quarter's Market Message was delivered by Rachel Turk, CUO of Lloyd's, and concentrated upon the areas of US casualty and delegated underwriting
Read moreLloyds, has today announced that Sir Charles Roxburgh KCB is to become its next Chair from 1st May 2025
Read moreLloyd's has published today its results for the whole market with a total £4.9bn profit, £30.6bn of gross written premium and an 83.7% combined ratio at Half Year
Read moreBeazley has released updated 2022 and 2023 Year of Account estimates for Syndicates 623, 5623 and 6107
Read moreAriel Re has released updated 2022 and 2023 Year of Account estimates for Syndicate 6117
Read moreTokio Marine Kiln has released updated 2022 and 2023 Year of Account estimates for Syndicates 510 and 557
Read moreArgenta has released updated 2022 and 2023 Year of Account estimates for Syndicate 2121
Read moreHiscox has released updated 2020, 2022 and 2023 Year of Account estimates for Syndicates 33 and 6104
Read moreIQUW has released updated 2022 and 2023 Year of Account estimates for Syndicate 218
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