Lloyd's insurer says earthquake losses $10m more than expected
Catlin has revealed losses from the New Zealand earthquake in September are $10m more than previously thoght.
The total exposure is around $45m net of reinsurance.
The vast majority of losses is due to reisnurance underwritten in London and Bermuda.
Total losses from the earthquake are between $5.5bn and $6bn.
Catlin's share price closed down 1.25% at 369.9p yesterday.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
