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

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...