Insight and Intelligence on the London & International Insurance Markets 15 Dec 2017

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London D&F market faces $45mn-$50mn Digicel loss

  • Catrin Shi 12 October 2017
  • Caribbean telecoms company Digicel is expected to claim $45mn-$50mn of losses on its property policy as a result of damage from Hurricane Irma, The Insurance Insider understands.

    Sources told this publication Tokio Marine Kiln (TMK) is the leader on the property direct and facultative (D&F) placement, the remainder of which is placed broadly in the London market.

    JLT is thought to be the broker on the placement.

    It was suggested that Digicel holds a retention on the policy at the...

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