Insurers in the emirate typically buy low-attaching reinsurance....
Battered by convective storms, carriers seek higher prices, advanced models
As California faces atmospheric river storms this week, a new report by Moody’s Investors Service shows that a relatively quiet 2023 hurricane season meant that non-peak or secondary perils...
As California faces atmospheric river storms this week, a new report by Moody’s Investors Service shows that a relatively quiet 2023 hurricane season meant that non-peak or secondary perils...
PR / 3 months 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
Lloyd’s systemic risk scenario reveals global economy exposed to $3.5trn from major cyber attack
Lloyd’s published a systemic risk scenario that models the global economic impact of a hypothetical but plausible cyber attack on a major financial services payments system...
Lloyd’s published a systemic risk scenario that models the global economic impact of a hypothetical but plausible cyber attack on a major financial services payments system...
PR / 6 months ago
BMS Tropical Update 09/28/2023
Since the last tropical update, overall low activity has warned as expected as general large-scale sinking air and higher wind shear over the Atlantic...
Since the last tropical update, overall low activity has warned as expected as general large-scale sinking air and higher wind shear over the Atlantic...
PR / 7 months ago
Moody’s RMS Estimates US$3 Billion to US$5 Billion in Private Market Insured Losses from Major Hurricane Idalia
Estimates reflect insured wind, storm surge, and inland flooding impacts for the U.S...
Estimates reflect insured wind, storm surge, and inland flooding impacts for the U.S...
PR / 8 months ago
Surprise Wildfire Events Or Not? Lahaina, HI
The Lahaina, Hawaii fire is yet again an example of a known unknown event for the insurance industry...
The Lahaina, Hawaii fire is yet again an example of a known unknown event for the insurance industry...
PR / 9 months ago
U.S. Severe Weather Update July 2023
By now, several insurance publications have mentioned the extraordinarily high cost to the insurance industry for the first half of 2023 as severe weather losses add up...
By now, several insurance publications have mentioned the extraordinarily high cost to the insurance industry for the first half of 2023 as severe weather losses add up...
PR / 10 months ago
Climate-Attributed U.S. Hurricane Losses to Increase by at Least 10 Percent Over 20 Years Under Selected Scenarios
Aon’s Academic Collaborations Deliver Actionable Climate Insights to Broad Range of Stakeholders...
Aon’s Academic Collaborations Deliver Actionable Climate Insights to Broad Range of Stakeholders...
PR / 10 months ago
Better modelling, better structure, better outcomes
A Moroccan Case Study into how a more tailored approach to quantifying earthquake damage results in improved claims outcomes...
A Moroccan Case Study into how a more tailored approach to quantifying earthquake damage results in improved claims outcomes...
PR / 1 year ago
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
