'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
Reinsurers Diverge on Appetite for Catastrophe Risk
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Article / 2 years ago
German, UK and Dutch Non-Life Insurer Profits Dented by Storms
We expect gross insured losses to be as much as EUR5 billion. However, reinsurance should reduce this to under EUR2 billion and, in most cases, we do not expect the losses...
We expect gross insured losses to be as much as EUR5 billion. However, reinsurance should reduce this to under EUR2 billion and, in most cases, we do not expect the losses...
Article / 2 years ago
Lockdown Effects to Partially Offset Weather Impact in UK Household Insurance
A lockdown-related improvement in claims experience in UK household insurance is expected to cushion the large weather losses to date in 2020, according to a new report from Fitch Ratings...
A lockdown-related improvement in claims experience in UK household insurance is expected to cushion the large weather losses to date in 2020, according to a new report from Fitch Ratings...
Article / 4 years ago
Storms Ciara and Dennis Add to Pressure on UK Insurers
Fitch Ratings believes that losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK...
Fitch Ratings believes that losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK...
Article / 4 years ago
