Winter storm Uri: The impact in Q1 and beyond
Winter storm Uri and a host of smaller cat events have caused (re)insurers significant losses...
Winter storm Uri and a host of smaller cat events have caused (re)insurers significant losses...
Article / 2 years ago
Who Will Pay for the Freeze and Subsequent Meltdown in Texas?
Today in Texas homes and businesses, the lights are on and clean water flows. But for one week in February, the entire state of Texas was brought to its...
Today in Texas homes and businesses, the lights are on and clean water flows. But for one week in February, the entire state of Texas was brought to its...
Article / 3 years ago
The Great Deep Freeze and Compounding Events - BMS
I guess you could say growing up in Minnesota and spending most of my life in a climate that is exposed to winter weather almost half of the year has made me an expert...
I guess you could say growing up in Minnesota and spending most of my life in a climate that is exposed to winter weather almost half of the year has made me an expert...
Article / 3 years ago
How Everybody Ends Up Paying for Climate Crisis
Fallout from last month's deadly deep freeze in Texas has quietly spread to people living hundreds of miles away. Minnesota utilities have warned that...
Fallout from last month's deadly deep freeze in Texas has quietly spread to people living hundreds of miles away. Minnesota utilities have warned that...
Article / 3 years ago
Winter storms mean higher renewal rates into 2022: ILS Capital
Bermuda headquartered ILS fund and investment manager ILS Capital Management, has said that it expects that industry losses suffered from the recent...
Bermuda headquartered ILS fund and investment manager ILS Capital Management, has said that it expects that industry losses suffered from the recent...
Article / 3 years ago
U.S. Winter Weather Poised to Exceed a Record $10 Billion in Direct Economic Loss
Polar Vortex generates record-breaking cold temperatures and widespread disruption leading to costliest winter weather event for U.S. insurance industry ever...
Polar Vortex generates record-breaking cold temperatures and widespread disruption leading to costliest winter weather event for U.S. insurance industry ever...
PR / 3 years ago
Winter storm losses in Texas drive ERCOT subrogation speculation
The size of the estimated winter storm insurance and reinsurance market loss from February's severe Arctic freeze and the issues suffered by energy...
The size of the estimated winter storm insurance and reinsurance market loss from February's severe Arctic freeze and the issues suffered by energy...
Article / 3 years ago
Podcast: Mandatory Vaccinations and the Big Freeze in Texas - Harvard Business Review
Should businesses require their employees to get vaccinated before they can return to work? And why did the energy market in Texas fail during a recent winter storm?...
Should businesses require their employees to get vaccinated before they can return to work? And why did the energy market in Texas fail during a recent winter storm?...
hbr.org /
Article / 3 years ago
Winter storm losses to factor into alternative capital investor discussions: S&P
Insurance and reinsurance market losses from winter storm Uri and related severe winter weather in the United States may become another factor in the...
Insurance and reinsurance market losses from winter storm Uri and related severe winter weather in the United States may become another factor in the...
Article / 3 years ago
AccuWeather US winter storm damage estimate soars to $155bn
AccuWeather has increased its damage and economic loss estimate for February's devastating US winter storm to $155bn with the forecasting service warning...
AccuWeather has increased its damage and economic loss estimate for February's devastating US winter storm to $155bn with the forecasting service warning...
Article / 3 years ago