After insurers were hit by record-breaking flood costs last year, they could benefit from a hot, dry summ...
Germany: EUS 1.5 billion losses by storms, hail, lightning and floods in August - Xprimm
Losses caused by end of August severe storms in Germany are expected to reach up to EUR 900 million, the German Insurance Association (GDV) said, while for the whole of August
Losses caused by end of August severe storms in Germany are expected to reach up to EUR 900 million, the German Insurance Association (GDV) said, while for the whole of August
xprimm.com /
Article / 3 hours ago
Weekly Cat Report September 22, 2023
Hurricane Lee’s long journey ended in the Canadian Maritimes on September 16-17. Due to its large size...
Hurricane Lee’s long journey ended in the Canadian Maritimes on September 16-17. Due to its large size...
Report / 2 days ago
Australia: Insurance association urges early bushfire preparation
The Insurance Council of Australia (ICA) is emphasising the need for early bushfire preparation so property owners and tenants can reduce risk and safeguard their homes and property....
The Insurance Council of Australia (ICA) is emphasising the need for early bushfire preparation so property owners and tenants can reduce risk and safeguard their homes and property....
Article / 3 days ago
Use cat bonds for peak German disaster risks, with state taking the tail: Study
A study undertaken by reinsurance industry participants and consultants in Germany has proposed a three-layered approach to managing peak disaster...
A study undertaken by reinsurance industry participants and consultants in Germany has proposed a three-layered approach to managing peak disaster...
Article / 4 days ago
Climate Change Made Deadly Floods in Libya and Greece More Extreme
The low-pressure weather system that unleashed unprecedented amounts of rain across the eastern Mediterranean last week was made more likely and more...
The low-pressure weather system that unleashed unprecedented amounts of rain across the eastern Mediterranean last week was made more likely and more...
Article / 4 days ago
PERILS says gains ILW trigger traction in Japan, lowers typhoon Nanmadol estimate
In finalising the insurance and reinsurance industry loss estimate for Japanese typhoon Nanmadol, which struck the country in September 2022, catastrophe...
In finalising the insurance and reinsurance industry loss estimate for Japanese typhoon Nanmadol, which struck the country in September 2022, catastrophe...
Article / 4 days ago
Insurance Council welcomes NSW disaster resilience funding
Council outlines recommendations for future budgets...
Council outlines recommendations for future budgets...
Article / 5 days ago
El Nino Conditions Expected for January – March 2024
There is a more than 95 percent chance that the El Niño weather pattern will continue through the Northern Hemisphere winter from January – March 2024, a U.S. government forecaster said on...
There is a more than 95 percent chance that the El Niño weather pattern will continue through the Northern Hemisphere winter from January – March 2024, a U.S. government forecaster said on...
Article / 5 days ago
Property reinsurance shock may be over, but rates unlikely to fall
Rates may increase for many property reinsurance buyers at year-end renewals, but early indicators are that the sharp price hikes imposed last year won’t be repeated for...
Rates may increase for many property reinsurance buyers at year-end renewals, but early indicators are that the sharp price hikes imposed last year won’t be repeated for...
Article / 5 days ago
Hong Kong's Floods Will Likely Hit Insurers' Earnings, Could Move Reinsurance Renewals
The recent devastating floods following Super Typhoon Saola in Hong Kong and other parts of China may add further pressure to the upcoming reinsurance...
The recent devastating floods following Super Typhoon Saola in Hong Kong and other parts of China may add further pressure to the upcoming reinsurance...
Article / 6 days ago
