The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
Risk modelling company CoreLogic has launched a strategic review and urged shareholders to re-elect its 12-strong board at a meeting on 17 November...
Swiss Re CFO John Dacey has offered assurances that the carrier believes its reserves are sufficient for anticipated Covid-19 losses...
Hurricane Delta is expected to be another retained insurance loss, with confidence growing that the storm will be another $5bn or lower single-digit-billion loss...
Hurricane Laura made landfall yesterday as a strong Category 4 storm in west Louisiana, causing substantial wind damage and provoking storm surge and both coastal and inland flooding...
Reinsurers look to be more vulnerable to a Louisiana landfall of Tropical Storm Laura than a Texas landfall based on the higher market share taken in the former by super-regional carriers...
It isn't just Covid-19 that has the reinsurance industry in lockdown right now...
A tropical depression dubbed “Nine” just off the east coast of Taiwan is heading in the direction of South Korea and Japan, with an outside chance of hitting those countries as a Category 3 typhoon...
Cat modelling firm Karen Clark & Company has estimated that Hurricane Hanna will result in an insured loss of approximately $350mn...
The Financial Conduct Authority has defended its use of statistical modelling as evidence in the High Court test case for BI insurance, arguing it can “reasonably” be relied upon as testimony...
The forthcoming North Atlantic hurricane season is likely to be more severe than the long-term average, the recovery from which will be worsened by Covid-19, Munich Re has predicted...
