'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
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 / 8 days ago
The New Normal: $100 Billion in Insured Nat Cat Damages
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
PR / 3 months ago
Number of Billion-Dollar Disasters in 2023 Highest on Record
Insured losses reached $118 billion, with a protection gap of 69 percent...
Insured losses reached $118 billion, with a protection gap of 69 percent...
PR / 3 months ago
Global Insured Losses from Natural Catastrophes Reached $123 Billion in 2023
Fourth consecutive year global insured losses exceed $100 billion...
Fourth consecutive year global insured losses exceed $100 billion...
PR / 3 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 4 months ago
BMS Tropical Update 11/30/2023
Plenty of seasonal reviews are being posted on the 2023 Atlantic hurricane season....
Plenty of seasonal reviews are being posted on the 2023 Atlantic hurricane season....
PR / 5 months ago
Challenges and Opportunities in the Commercial Insurance Marketplace: A Year in Review and the Road Ahead
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
PR / 5 months ago
European Insurers More Exposed to Weather Losses as Reinsurers Retreat
European insurers have become more exposed to weather-related losses due to reinsurers providing less cover against medium-sized natural catastrophe risks, Fitch...
European insurers have become more exposed to weather-related losses due to reinsurers providing less cover against medium-sized natural catastrophe risks, Fitch...
PR / 5 months ago
Moody’s RMS Estimates US$2.5 Billion to US$4.5 Billion in Insured Losses from Hurricane Otis
Estimates reflect wind damage in Mexico, including post-event loss amplification, inflationary trends, and non-modeled sources of loss...
Estimates reflect wind damage in Mexico, including post-event loss amplification, inflationary trends, and non-modeled sources of loss...
PR / 5 months ago
Moody's RMS Estimates Insured Losses from Windstorm Ciarán Will Likely Range Between 0.9 Billion Euro to 1.5 Billion Euro
France accounts for the majority of the loss....
France accounts for the majority of the loss....
PR / 6 months ago