In this report, we summarize the global loss totals for the first quarter and focus on key issues driving...
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 / 2 days ago
Knowledge is power
Insurers expect to pay out an estimated £560m to help customers who suffered damage caused by the recent Storms Babet, Ciaran and Debi; it is also forecast that in 2023 motor insurers will have paid out £1.14...
Insurers expect to pay out an estimated £560m to help customers who suffered damage caused by the recent Storms Babet, Ciaran and Debi; it is also forecast that in 2023 motor insurers will have paid out £1.14...
Article / 1 month ago
Storms and inflation drive rise in average cost of buildings insurance claims
'It comes as no surprise that the widespread property damage during the quarter cost the industry,' says head of property...
'It comes as no surprise that the widespread property damage during the quarter cost the industry,' says head of property...
Article / 2 months ago
Australia ranks high for flood exposure, coverage: Munich Re - insuranceNEWS.com.au
Australia has more insured properties exposed to flood than Britain despite its smaller population, Munich Re Australia MD Scott Hawkins has told the...
Australia has more insured properties exposed to flood than Britain despite its smaller population, Munich Re Australia MD Scott Hawkins has told the...
insurancenews.com.au /
Article / 2 months ago
Archer v Ace (or, The Demise Of LEG3?)
In the London Market there is, by and large, a common understanding about how...
In the London Market there is, by and large, a common understanding about how...
Article / 2 months ago
Windstorm Ciarán (Emir) industry loss lifted 3% to €1.94bn by PERILS
The insurance and reinsurance industry loss estimate from November 2023's European extratropical windstorm Ciarán has been raised by around 3% to almost...
The insurance and reinsurance industry loss estimate from November 2023's European extratropical windstorm Ciarán has been raised by around 3% to almost...
Article / 2 months ago
WTW's Natural Catastrophe Review H2 2023
WTW's Natural Catastrophe Review H2 2023, bringing insights from our experts examining recent natural disasters, lessons learned and emerging trends
WTW's Natural Catastrophe Review H2 2023, bringing insights from our experts examining recent natural disasters, lessons learned and emerging trends
Article / 3 months ago
UK: A turbulent property market triggers new risks in law firms
Firms, regulators and insurers will all have a role to play...
Firms, regulators and insurers will all have a role to play...
Article / 3 months ago
Windstorm Babet and Aline industry loss hiked 34% to €683m by PERILS
The insurance industry loss from October's European windstorms Babet and Aline is now estimated some 34% higher at €683 million by catastrophe data...
The insurance industry loss from October's European windstorms Babet and Aline is now estimated some 34% higher at €683 million by catastrophe data...
Article / 3 months ago
Storm Henk causes around 150 mln pounds in UK insured losses - Reuters
Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around 2,000 properties...
Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around 2,000 properties...
reuters.com /
Article / 3 months ago
