Archive

• Lloyd's syndicates seek $500m to cover 'natcat' losses

  11 April 2018

  Lloyd's of London insurance syndicates have asked their capital providers for more than $500 million, and some have also drawn on letters of credit with bankers, to help cover the financial damage from 2017's natural catastrophes (natcats).

• Natural catastrophes in 2017 hit insurers hard

  10 April 2018

  Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as much as in 2016 and far higher than the average of the past 10 years, according to Swiss Re.