Opinion: Property D&F at 1.1

These Mexican losses are just the tip of the iceberg for the London
direct and facultative (D&F) market.
The nature of the Mexican quake events means the loss picture
has become clearer in a shorter space of time than for HIM.
To date, notifications for losses from HIM are relatively
sparse. Flooding in Texas and Florida continues to hinder loss
adjuster access, and, in the case of Puerto Rico, simply
establishing contact with clients is proving a challenge.
But the...