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Emmanuel Kenning
Published by this author:
Markel Catco sets aside Dorian and Faxai loss reserves
The fund manager warns that eventual reserves for the storms could change materially.
Emmanuel Kenning
,
October 17, 2019
Pimco plans $3bn-$5bn ILS investment within five years
Investors may be able to part collateralise ILS investments with other assets, effectively adding an ILS overlay to an existing mandate, says Rick Pagnani, head of the firm’s ILS business.
Bernard Goyder
,
October 08, 2019
Bermuda to escape tropical storm Jerry
Rain from the former hurricane is forecast to affect the island in the middle of the week.
Emmanuel Kenning
,
September 23, 2019
Humberto buffets Bermuda as it passes by
The island was spared the worst of the storm but has suffered power cuts, according to reports.
Emmanuel Kenning
,
September 19, 2019
PG&E agrees $11bn wildfire settlement with insurers
The settlement covers more than 85 percent of insurance subrogation claims against the utility.
Emmanuel Kenning
,
September 13, 2019
RMS says few precedents for Bahamas Dorian strike
Previous category 3-4 storms passing near Grand Bahama and Abaco caused up to $1.3bn of damage in today’s prices, according to the modelling agency.
Emmanuel Kenning
,
September 03, 2019
RMS puts Georgia/Carolina Dorian parallels well under $10bn
Another historical proxy is Hurricane Matthew, which caused just $2.3bn insured losses.
Emmanuel Kenning
,
September 02, 2019
Florida Cat 4 hurricanes drove $25.9bn median damages
The Icat damage estimator figures factor in 11 Category 4 storms to have hit Florida since 1919.
Emmanuel Kenning
,
August 30, 2019
Most similar historic storms to Dorian cost $11-$13.5bn: RMS
RMS predicts there is as little as a 5 percent chance of Dorian not making landfall in the US.
Emmanuel Kenning
,
August 29, 2019
Median economic loss from past Cat 3 Florida storms is $5.7bn
Historical parallels including Jeanne have caused a huge range of economic losses.
Emmanuel Kenning
,
August 29, 2019
Swiss Re now biggest player on flat FHCF treaty
The catastrophe fund’s programme has shrunk from $1bn to $920mn.
Emmanuel Kenning
,
August 20, 2019
Florida carriers gain Demotech ‘A’ grades
Six insurers garner the agency’s second-highest rating, though none make it into the top category.
Emmanuel Kenning
,
August 05, 2019
KCC puts California quake total loss at $200mn
The insured loss will be under $40mn, according to the modelling firm.
Emmanuel Kenning
,
July 24, 2019
Louisiana braced for Hurricane Barry
Tropical storm warning now in place for stretch of Gulf coast west of New Orleans.
Emmanuel Kenning
,
July 11, 2019
Industry facing $1bn of US cat losses in June: Aon
Total economic losses are not expected to surpass $1.5bn, the broker outlined in its latest monthly catastrophe update.
Emmanuel Kenning
,
July 10, 2019
DE Shaw returns to write Citizens reinsurance cover with $121mn line
Participation by DE Shaw for the first time since 2015 drove an overall increase in ILS use by the Floridian insurer for its 2019-20 programme.
Emmanuel Kenning
,
June 25, 2019
Allstate hit by pre-tax cat losses of $504mn in May
The insurer said half of the losses came from one weather event in the Midwest.
Emmanuel Kenning
,
June 21, 2019
Hamilton Re makes cat bond debut
The reinsurer has secured $60mn of protection against named storms and earthquakes in the US from the capital markets.
Emmanuel Kenning
,
June 20, 2019
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