3168

Sandy to cost Lloyd's up to $2.5bn

Catlin expects a $200m hit

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Sandy insured losses could reach tens of billions

State Farm, Allstate and Travelers will bear brunt, says Fitch

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ILS market sees $3.6bn of new issues in H1 2012

Since RMS v11, AIR has become favoured modeller for bonds, says Swiss Re

2605

Travelers places $250m cat bond with Long Point Re

First deal to be increased in size in 2012

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Strategy is more important than the numbers

So says Dan Wilkinson, Liberty Syndicates' new head of risk. Trained as a barrister, he has a different perspective on risk management and, as he tells Lorna Davies, "resists the temptation to own the internal model output"

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2255

Catlin sees 83% profit tumble from nat cats

Insurer losses mount after year of unprecedented hits

2215

Travelers hit by $68m Q4 cat loss

Main culprits: winter storm Alfred and Thai floods

2150

Liberty Syndicates appoints risk management head

Wilkinson joins from Travelers

1515

Travelers Europe appoints chief risk officer

Newly created position will play significant role in the company's Solvency II development