'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
Baltimore bridge collapse a wake-up call for good data use - Insurance Business US
"These kinds of 'black swan' events are not actually as rare as the industry would like"...
"These kinds of 'black swan' events are not actually as rare as the industry would like"...
Article / 17 hours ago
Weekly Cat Report April 19, 2024
Severe weather has affected large portions of Southwestern Asia in recent days with the impacts reported in Afghanistan, Pakistan, Oman...
Severe weather has affected large portions of Southwestern Asia in recent days with the impacts reported in Afghanistan, Pakistan, Oman...
Report / 4 days ago
Q1 2024 Gallagher Re Natural Catastrophe and Climate Report
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving current industry discussions regarding natural catastrophe and climate risk....
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving current industry discussions regarding natural catastrophe and climate risk....
Report / 6 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 6 days ago
Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
PR / 6 days ago
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Report / 7 days ago
European cedants must get on top of loss creep – or face wrath of reinsurers
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
Article / 12 days ago
2023 Year-End Florida Market Watch
We're pleased to present Gallagher Re's Florida Market Watch Report for 2023 year end...
We're pleased to present Gallagher Re's Florida Market Watch Report for 2023 year end...
Report / 14 days ago
AM Best: No significant property insurance impact from NY ‘quake
The 4.8 magnitude earthquake that shook New York and the surrounding area on Friday morning is expected to have no significant financial impact on property insurers in the region,...
The 4.8 magnitude earthquake that shook New York and the surrounding area on Friday morning is expected to have no significant financial impact on property insurers in the region,...
Article / 16 days ago
Weekly Cat Report April 5, 2024
A strong, magnitude-7.4 earthquake occurred early on April 3 about 18 km (11 mi) south of Hualien City in eastern Taiwan...
A strong, magnitude-7.4 earthquake occurred early on April 3 about 18 km (11 mi) south of Hualien City in eastern Taiwan...
Report / 18 days ago
