After a hearing held on Friday in the Supreme Court of Bermuda, an order has been filed that sanctions th...
Windstorm Ciarán (Emir) industry loss lifted 3% to €1.94bn by PERILS
The insurance and reinsurance industry loss estimate from November 2023's European extratropical windstorm Ciarán has been raised by around 3% to almost...
The insurance and reinsurance industry loss estimate from November 2023's European extratropical windstorm Ciarán has been raised by around 3% to almost...
Article / 2 months ago
Windstorm Babet and Aline industry loss hiked 34% to €683m by PERILS
The insurance industry loss from October's European windstorms Babet and Aline is now estimated some 34% higher at €683 million by catastrophe data...
The insurance industry loss from October's European windstorms Babet and Aline is now estimated some 34% higher at €683 million by catastrophe data...
Article / 2 months ago
FloodFlash: UK floods hit parametric triggers for some policies
FloodFlash, a flood risk focused insurtech company that offers an innovative sensor-based approach to parametric flood insurance, said that the current UK...
FloodFlash, a flood risk focused insurtech company that offers an innovative sensor-based approach to parametric flood insurance, said that the current UK...
Article / 3 months ago
An unprecedented year of new risks, records, and huge cat bond market growth: Report
The catastrophe bond and related insurance-linked securities (ILS) market saw activity levels accelerate right the way through the busiest fourth-quarter...
The catastrophe bond and related insurance-linked securities (ILS) market saw activity levels accelerate right the way through the busiest fourth-quarter...
Article / 3 months ago
Windstorm Ciarán (Emir) industry loss initially said €1.9bn: PERILS
Recent European extratropical windstorm Ciarán, which was also named Emir, is set to become one of the largest storm losses in northern Europe in almost
Recent European extratropical windstorm Ciarán, which was also named Emir, is set to become one of the largest storm losses in northern Europe in almost
Article / 4 months ago
Windstorm Babet and Aline industry loss estimated at €509m by PERILS
Recent European windstorms Babet and Aline are initially estimated to have caused an insurance industry loss of around €509 million by catastrophe data...
Recent European windstorms Babet and Aline are initially estimated to have caused an insurance industry loss of around €509 million by catastrophe data...
Article / 4 months ago
Storm Ciarán industry loss estimated up to €1.3bn by Verisk
European windstorm Ciarán is estimated to have caused an insurance industry loss of between €800 million and €1.3 billion, according to Verisk's extreme
European windstorm Ciarán is estimated to have caused an insurance industry loss of between €800 million and €1.3 billion, according to Verisk's extreme
Article / 5 months ago
Aspen hires Tim Mardon as Global Head Property Cat, CUO Bermuda
Aspen Insurance Holdings has announced a senior hire, bringing onboard Tim Mardon as Global Head of Property Catastrophe Reinsurance and Chief...
Aspen Insurance Holdings has announced a senior hire, bringing onboard Tim Mardon as Global Head of Property Catastrophe Reinsurance and Chief...
Article / 5 months ago
UK storms to impact re/insurers. PwC estimates Babet insured loss up to £650m
With the United Kingdom battered by another storm overnight, PwC UK has provided an estimate for the insurance market losses from recent storm Babet...
With the United Kingdom battered by another storm overnight, PwC UK has provided an estimate for the insurance market losses from recent storm Babet...
Article / 5 months ago
Cat exposed commercial property insurance rates continue to rise: Marsh
Commercial property insurance rates continue to rise around the world, with insurers having a heightened sensitivity to catastrophe exposure in 2023,...
Commercial property insurance rates continue to rise around the world, with insurers having a heightened sensitivity to catastrophe exposure in 2023,...
Article / 8 months ago