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Rising typhoon Jebi loss suggests broader ILS exposure

Typhoon Jebi's impacts in Japan were always going to be a catastrophe loss event that would drive a modest amount of claims to some ILS funds and collateralised reinsurance vehicles, but with estimates rising for the industry impact, the expectation of ILS market losses is increasing as well.Yesterday morning reinsurance read the full article →

Typhoon Jebi to cost re/insurers up to $5.5bn: RMS

Catastrophe risk modelling company RMS has put out an estimate of the insurance market loss from typhoon Jebi's impacts in Japan, saying it could be as much as $5.5 billion and that figure doesn't include everything.RMS's estimate of losses that insurance, reinsurance and some ILS markets will take from typhoon read the full article →

Typhoon Jebi industry insured loss estimated up to $4.5bn

Typhoon Jebi's impacts on Japan are expected to result in a loss to the insurance industry of up to $4.5 billion by catastrophe risk modeller AIR Worldwide, an amount which has the potential to cause some impacts to reinsurance interests.AIR officially put its industry insured loss estimate for Typhoon Jebi, read the full article →

Japan bracing for Cat 1 typhoon Cimaron impacts

Japan is currently expecting a landfalling category 1 typhoon Cimaron to come ashore in eastern Shikoku over the next few hours, bringing sustained winds of just over 90 mph, higher gusts and an expectation of torrential rainfall and a flood threat along the storm's path.Typhoon Cimaron had been a category read the full article →