Property - North America

Property - North America

Claims update

As part of an initiative to ensure CAT readiness in the claims community, the LMA held a CAT simulation on 8 June. The simulation involved members of the Lloyd’s claims team and the ‘CAT exposed’ sector groups (binders, marine, property and reinsurance). The simulation included a review of the claims response to the Alberta / Fort McMurray wildfires. The group then considered the key challenges and issues they would face in the event of a California...