The London binders market is facing a potentially substantial loss from the Texas Big Freeze...
- Insurance Insider / Article / 2 days ago
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Some pointed to low average costs to fix burst pipe claims, while others warned that BI could drive up losses...
- Insurance Insider / Article / 2 days ago
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Claims from a historic winter storm that has brought record cold temperatures...
- Insurance Insider / Article / 7 days ago
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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...
- Insurance Insider / Article / 7 days ago
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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...
- Insurance Insider / Article / 9 days ago
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RenRe takes $345mn in Q4 weather-related catastrophe, pandemic losses
RenaissanceRe expects pandemic and weather-related losses to cost the company...
- Insurance Insider / Article / 1 month ago
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German insurers paid out for weather-related losses amounting to EUR2.5bn ($3bn) in 2020...
- Insurance Insider / Article / 2 months ago
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Parametric insurance products have enjoyed a “breakout year” in 2020, according to Miller head of alternative risk Richard Coyle...
- Insurance Insider / Article / 3 months ago
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Climate change ‘protection gap’ requires new covers: (Re)Connect panellists
Climate change is presenting the industry with a host of challenges, but approaches like micro-insurance and parametric covers show promise in bridging the protection gap in...
- Insurance Insider / Article / 5 months ago
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Munich Re SIAB has two products live with more to come
Lloyd’s first syndicate-in-a-box kicks off with parametric wind cover and a warranty aimed at backers of small solar farms...
- Insurance Insider / Article / 11 months ago
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