Claims & Losses
Claims & Losses
News, insights and thought leadership for re/insurance professionals with an interest in claims and losses.

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Q1 Global Catastrophe Recap April 2023

Q1 Global Catastrophe Recap April 2023

Preliminary estimate of global natural disaster losses for the first quarter of 2023 was well above the average when compared to the 21st Century baseline ($53 billion) and significantly higher than the median ($38 billion)...
Preliminary estimate of global natural disaster losses for the first quarter of 2023 was well above the average when compared to the 21st Century baseline ($53 billion) and significantly higher than the median ($38 billion)...
Report / 1 year ago
Aon Expands Coverage of Europe Windstorm and Severe Convective Storm Models

Aon Expands Coverage of Europe Windstorm and Severe Convective Storm Models

Aon updated its Impact Forecasting Europe Windstorm and Severe Convective Storm (SCS) catastrophe models to incorporate emissions scenarios that inform current and future projections of climate and storm activity across the continent...
Aon updated its Impact Forecasting Europe Windstorm and Severe Convective Storm (SCS) catastrophe models to incorporate emissions scenarios that inform current and future projections of climate and storm activity across the continent...
PR / 1 year ago

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Reinsurance hit anticipated as Dubai flooding impact emerges
Reinsurance hit anticipated as Dubai flooding impact emerges
Insurers in the emirate typically buy low-attaching reinsurance....
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Vessel build up following Baltimore Bridge collapse
Vessel build up following Baltimore Bridge collapse
Nick Evans, Insurwave’s Head of Product, comments on the build-up of vessels following the Baltimore Brid...
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Q1 2024 Gallagher Re Natural Catastrophe and Climate Report
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...
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AI Class Action Lawsuit Knocks on California Court's Door - CLM
AI Class Action Lawsuit Knocks on California Court's Door - CLM
Plaintiffs allege insurer uses AI to instantly reject claims...
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Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property insurers see 'alarming' losses as risk models lag, report s...
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastroph...
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UK insurer arranged $5m ransom for MV Abdullah - The Business Standard
UK insurer arranged $5m ransom for MV Abdullah - The Business Standard
No money laundering involved, says KSRM
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Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Global insured losses from natural catastrophes in Q1 2024 estimated at $20...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
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China natural disasters cost $3.3 billion in first quarter, government says - SaltWire
China natural disasters cost $3.3 billion in first quarter, government says...
The emergency management ministry cited damage from several cold spells, a 7.1 magnitude earthquake in th...
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Reinsurance Market Dynamics: April 2024
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
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