It will take some time to have a better sense of the kind of loss that Hurricane Ian will be...
Parametric products to move into all risk classes – InsurTech Insights panel
Parametric products are set to expand far beyond their current market usage and could become present in every class of business in the...
Parametric products are set to expand far beyond their current market usage and could become present in every class of business in the...
Article / 7 months ago
Uri loss estimates for Names-backed syndicates point to £900mn-plus Lloyd’s hit
The combined Lloyd’s loss from Winter Storm Uri could exceed £900mn ($1.3bn), based on extrapolations from...
The combined Lloyd’s loss from Winter Storm Uri could exceed £900mn ($1.3bn), based on extrapolations from...
Article / 1 year ago
Africa Specialty Risks enters parametrics with Qomplx hires
Pan-African reinsurance MGA Africa Specialty Risks (ASR) has launched a parametric underwriting division led by Raveem Ismail and Ian Bishop from Qomplx...
Pan-African reinsurance MGA Africa Specialty Risks (ASR) has launched a parametric underwriting division led by Raveem Ismail and Ian Bishop from Qomplx...
Article / 1 year ago
SPAC wave arrives in Italy with EUR200mn vehicle for parametric business
A new special purpose acquisition company (SPAC) has announced its intention to raise up to EUR200mn ($243mn) in an IPO in Milan...
A new special purpose acquisition company (SPAC) has announced its intention to raise up to EUR200mn ($243mn) in an IPO in Milan...
Article / 1 year ago
Insider In Full: Opinion: Latent risk – The cat market’s inconvenient truth
Whether the Texas Deep Freeze ends as a $12.5bn, $15bn or $20bn insured loss, it will be a medium-sized cat event that will...
Whether the Texas Deep Freeze ends as a $12.5bn, $15bn or $20bn insured loss, it will be a medium-sized cat event that will...
Article / 2 years ago
Divided opinions on Big Freeze loss potential
Some pointed to low average costs to fix burst pipe claims, while others warned that BI could drive up losses...
Some pointed to low average costs to fix burst pipe claims, while others warned that BI could drive up losses...
Article / 2 years ago
London property binders braced for complex Texas Big Freeze loss
The London binders market is facing a potentially substantial loss from the Texas Big Freeze...
The London binders market is facing a potentially substantial loss from the Texas Big Freeze...
Article / 2 years ago
Texas snowstorm losses likely to exceed $10bn: KCC
Claims from a historic winter storm that has brought record cold temperatures...
Claims from a historic winter storm that has brought record cold temperatures...
Article / 2 years ago
Force majeure shutdowns across Texas as energy sector reels from storm
Oil refineries, natural gas plants and chemical facilities across the Southern US remained closed on Thursday evening...
Oil refineries, natural gas plants and chemical facilities across the Southern US remained closed on Thursday evening...
Article / 2 years ago
US winter storm shuts down oil refineries and causes blackouts
More cold weather should be expected in the US as freezing temperatures and snow still grip much of the US...
More cold weather should be expected in the US as freezing temperatures and snow still grip much of the US...
Article / 2 years ago
