Do you want QBE to whip out the dartboard and give you a number or just have a straigh out guess?
QBE would wait for the insureds to lodge a claim and then they would be able to give some form of guidance, if indeed it was "of material effect", which I think it won't be.
They cant just report every single event in the world. Some classes of business would be written from overseas operations ie. Lloyds, Hong Kong, New York, Sydney.
As for IAG and SUN, they would know because they would have maxxed out their re-insurance caps already.
Pep
christchurch, page-7
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