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 / 1 month ago
Global lessons from Turkey earthquakes building safety failures
Tens of thousands died in massive disaster...
Tens of thousands died in massive disaster...
Article / 2 months ago
Turkey earthquakes insured loss estimate raised 7% to US $4.9bn
The insurance and reinsurance market industry loss estimate for the Kahramanmaras Earthquake Sequence that struck Turkey in February 2023 has been raised...
The insurance and reinsurance market industry loss estimate for the Kahramanmaras Earthquake Sequence that struck Turkey in February 2023 has been raised...
Article / 2 months ago
Turkey quake contributed to $43 bln in H1 insurance losses - Munich Re - Reuters
A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States contributed to losses covered by insurance of $43 billion in the first half of 2023...
A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States contributed to losses covered by insurance of $43 billion in the first half of 2023...
reuters.com /
Article / 2 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 / 2 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 / 2 months ago
The Kahramanmaraş Earthquake Sequence: Moody’s RMS Commitment to Accurate and Reliable Information
On Monday, February 6, a magnitude Mw7.8 earthquake struck southern Turkey, an earthquake that then caused many aftershocks, including three with a magnitude greater than Mw6...
On Monday, February 6, a magnitude Mw7.8 earthquake struck southern Turkey, an earthquake that then caused many aftershocks, including three with a magnitude greater than Mw6...
Article / 3 months ago
Turkey earthquake industry insured loss estimated at $5bn by CRESTA
The insurance and reinsurance industry loss estimate for the Kahramanmaras Earthquake Sequence that struck Turkey and Syria in February 2023 has...
The insurance and reinsurance industry loss estimate for the Kahramanmaras Earthquake Sequence that struck Turkey and Syria in February 2023 has...
Article / 3 months ago
Turkiye: Insurance regulator draws up new road maps with lessons from 6 Feb earthquake
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) is drawing up a roadmap and business plan that focuses on insurance, based on lessons learnt from the massive
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) is drawing up a roadmap and business plan that focuses on insurance, based on lessons learnt from the massive
Article / 4 months ago
Turkiye: Several reinsurers announce 6 Feb quake losses
Several global reinsurers have reported estimated losses arising from the devastating earthquakes in Turkiye on 6 February, as they released their 1Q2023 financial statements.
Several global reinsurers have reported estimated losses arising from the devastating earthquakes in Turkiye on 6 February, as they released their 1Q2023 financial statements.
Article / 4 months ago