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...
- Insurance Insider / Article / 1 month ago
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Regional market share in Louisiana suggests higher reinsurer exposure to Laura
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...
- Insurance Insider / Article / 1 month ago
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Opinion: Hurricane season waiting room
It isn't just Covid-19 that has the reinsurance industry in lockdown right now...
- Insurance Insider / Article / 1 month ago
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Depression heading towards South Korea and Japan could reach Cat 3
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...
- Insurance Insider / Article / 1 month ago
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KCC pegs Hurricane Hanna insured losses at around $350mn
Cat modelling firm Karen Clark & Company has estimated that Hurricane Hanna will result in an insured loss of approximately $350mn...
- Insurance Insider / Article / 2 months ago
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FCA defends use of modelling data in test case
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...
- Insurance Insider / Article / 3 months ago
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Munich Re forecasts worse-than-average hurricane season
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...
- Insurance Insider / Article / 4 months ago
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After a rout that started in February and ran for most of March, financial markets have stabilised thanks to government stimulus and signs of flattening curves in many major economies...
- Insurance Insider / Article / 5 months ago
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Climate change presents a great and growing threat to lives and livelihoods the world over. Its impact on flood risk is notoriously difficult to quantify...
- Insurance Insider / Article / 6 months ago
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