Closing gaps around the ‘big blow’
Re/insurers hope for the best but prepare for the worst for this year’s hurricane season...
- Reactions / Article / 1 year ago
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Re/insurers hope for the best but prepare for the worst for this year’s hurricane season...
Last year we saw the highest frequency and severity of natural and man-made disasters in the MENA region. While there is currently no total amount as yet for the insured losses stemming from these...
New Zealand’s Earthquake Commission (EQC) has ‘blown through’ its funds, after several major earthquakes in recent years and its coffers are expected to run dry early next...
St Marteen has joined CCRIF SPC, the third member to join so far this year. CCRIF SPC now consists of 20 countries, 19 of which are in the Caribbean along with Nicaragua...
A rising number of skyscrapers in China is an opportunity, but also a conundrum for insurers...
Global commercial insurance prices rose, on average, for the third consecutive quarter, according to Marsh’s Global Insurance Market Index report, but with mixed results when looked at separately...
The reinsurance market is “a trainwreck”, Robert Berkley Jr believes, with the chief executive and president of WR Berkley Corporation claiming the industry’s response to the natural disaster...
Time is ticking for insurers as hurricane season bears down on regions that have barely recovered from last year’s triple hitter of storms...
Human activity is behind some of the increased catastrophe activity that has struck Asia in recent times, experts from RMS and Hyundai Marine & Fire Insurance have highlighted...
Last year’s Atlantic hurricane season was one of the worst on record with figures from Swiss Re pegging re/insurers’ losses from the events at some $92bn...