Hotel and government claims expected to dominate Otis property losses
Most insured losses from Hurricane Otis are anticipated to stem from hotels and some government infrastructure accounts, as the first industry...
Most insured losses from Hurricane Otis are anticipated to stem from hotels and some government infrastructure accounts, as the first industry...
Article / 19 days ago
Moody’s RMS Estimates US$2.5 Billion to US$4.5 Billion in Insured Losses from Hurricane Otis
Estimates reflect wind damage in Mexico, including post-event loss amplification, inflationary trends, and non-modeled sources of loss...
Estimates reflect wind damage in Mexico, including post-event loss amplification, inflationary trends, and non-modeled sources of loss...
PR / 21 days ago
As Acapulco Rebuilds After Hurricane Otis, Other Mexico Resorts Urged to Heed Lessons
Hurricane Otis not only devastated Acapulco, but also exposed fatal weaknesses in aging infrastructure, teaching hard lessons that coastal cities...
Hurricane Otis not only devastated Acapulco, but also exposed fatal weaknesses in aging infrastructure, teaching hard lessons that coastal cities...
Article / 27 days ago
AXA XL has almost right-sized property cat, AXA estimates €200m hurricane Otis loss
AXA XL, the commercial insurance and reinsurance arm of the AXA Group, has almost completed the process to right-size its property catastrophe reinsurance
AXA XL, the commercial insurance and reinsurance arm of the AXA Group, has almost completed the process to right-size its property catastrophe reinsurance
Article / 28 days ago
Mexico announces $3.4 bln plan to rebuild Acapulco after hurricane - Reuters
Mexico's government on Wednesday unveiled a $3.4 billion recovery plan for the battered coastal resort of Acapulco...
Mexico's government on Wednesday unveiled a $3.4 billion recovery plan for the battered coastal resort of Acapulco...
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Article / 1 month ago
Hurricane Otis insured losses to onshore property pegged at up to $6 billion
Verisk Inc. Wednesday estimated that insured losses to onshore property due to Hurricane Otis in Mexico will likely total between $3 billion and $6 billion...
Verisk Inc. Wednesday estimated that insured losses to onshore property due to Hurricane Otis in Mexico will likely total between $3 billion and $6 billion...
Article / 1 month ago
Hurricane Otis insured loss estimated up to US $6.5bn: AM Best
Hurricane Otis' category 5 onslaught in the Acapulco region of Mexico is currently estimated to cost the local insurance and global reinsurance industry...
Hurricane Otis' category 5 onslaught in the Acapulco region of Mexico is currently estimated to cost the local insurance and global reinsurance industry...
Article / 1 month ago
Mexico planned to renew cat bond even before Otis triggered it
The Government of Mexico's catastrophe bond, which is now set to be triggered after major hurricane Otis last week, was already planned for renewal in...
The Government of Mexico's catastrophe bond, which is now set to be triggered after major hurricane Otis last week, was already planned for renewal in...
Article / 1 month ago
Some uncertainty, but probable Otis will trigger 50% Mexico cat bond loss: Twelve Capital
Specialist insurance and reinsurance-linked investment manager Twelve Capital has highlighted some uncertainty with respect to the final central pressure...
Specialist insurance and reinsurance-linked investment manager Twelve Capital has highlighted some uncertainty with respect to the final central pressure...
Article / 1 month ago
Hurricane Otis insurable losses from wind pegged at $10B-$15B
CoreLogic Inc. Thursday estimated that insurable, ground-up losses from wind damage due to Hurricane Otis in Mexico will be between $10 billion and $15 billion....
CoreLogic Inc. Thursday estimated that insurable, ground-up losses from wind damage due to Hurricane Otis in Mexico will be between $10 billion and $15 billion....
Article / 1 month ago
