Lloyd's of London News – Page 124
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XL takes $60m-$75m Kyrill hit
XL Capital has released its loss estimate forecast for European Windstorm Kyrill...
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RMS appoints climate expert
Dr Celine Herweijer has joined Risk Management Solutions as principal scientist, future climate...
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News
News in brief…
Swiss Re's Kyrill costsSwiss Re said Kyrill, the winter storm that ravaged Europe two weeks ago, could cost the insurance industry up to €3.5bn. However, the reinsurer highlighted that its hedging strategy had limited its expected exposure to a "modest" €140m.Market faces IT shortageThe London market is facing the prospect ...
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Benign 2006 bodes well for monolines
2006 benign storm season bodes well for investors in catastrophe-focused carriers, claims Moody's...
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Lancashire unaffected by Florida hurricane fund overhaul
Lancashire has today commented on the impact of legislative changes to the underwriting capacity of the Florida Hurricanea Catastrophe Fund...