Cyclone Gabrielle industry loss finalised 8% higher at NZ $2.174bn by PERILS
The insurance and reinsurance industry loss estimate for Cyclone Gabrielle’s impacts in New Zealand has now been finalised by PERILS AG, but not without a
The insurance and reinsurance industry loss estimate for Cyclone Gabrielle’s impacts in New Zealand has now been finalised by PERILS AG, but not without a
Article / 1 month ago
Turkey Earthquake Tops 2023 Insurance Industry Losses Outside US: CRESTA
The largest non-US natural catastrophe in 2023 was the Kahramanmaras Earthquake Sequence in Turkey on Feb. 6, which generated an industry loss...
The largest non-US natural catastrophe in 2023 was the Kahramanmaras Earthquake Sequence in Turkey on Feb. 6, which generated an industry loss...
Article / 3 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 3 months ago
Insurer in Full: The 12 themes of 2023 – Part 1
The Insurer’s European and US editorial team pick their 12 most significant events or trends that took place in 2023 and helped define the year…
The Insurer’s European and US editorial team pick their 12 most significant events or trends that took place in 2023 and helped define the year…
Article / 3 months ago
New Zealand: Insurers settle 87% Gabrielle and Auckland Anniversary claims
Insurers have settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events....
Insurers have settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events....
Article / 4 months ago
FMG reaches claims milestone for Cyclone Gabrielle and North Island floods
Around four in five claims have been closed...
Around four in five claims have been closed...
Article / 4 months ago
$2 billion in claims paid after Auckland floods and Cyclone Gabrielle - Stuff.co.nz
Insurers making 'good progress' but expect claims to pass $3.5b.
Insurers making 'good progress' but expect claims to pass $3.5b.
stuff.co.nz /
Article / 6 months ago
Insider in Full: International loss-creep may be low-cost, but it will reverberate into 1.1
Catastrophe loss-creep to the order of 30% might not seem like the type of incident to fly under the (re)insurance industry radar, but in the case of small-scale international losses, this is just what can happen...
Catastrophe loss-creep to the order of 30% might not seem like the type of incident to fly under the (re)insurance industry radar, but in the case of small-scale international losses, this is just what can happen...
Article / 7 months ago
Turkey and Syria Earthquakes Drive Nearly Half of Economic Losses from Global Catastrophes in First Half of 2023
Global insured losses were fourth highest on record at $53 billion , elevated by U.S. severe...
Global insured losses were fourth highest on record at $53 billion , elevated by U.S. severe...
PR / 8 months ago
Global Catastrophe Recap First Half of 2023
The first half of 2023 saw elevated disaster losses, with the fifth highest economic impact on record and the highest since 2011...
The first half of 2023 saw elevated disaster losses, with the fifth highest economic impact on record and the highest since 2011...
Report / 8 months ago