Insurers in the emirate typically buy low-attaching reinsurance....
Reinsurance Market Dynamics: April 2024
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased competition for catastrophe reinsurance led to improved outcomes for the majority of insurers.
Report / 4 days ago
Weekly Cat Report January 26, 2024
Two successive lows, Isha and Jocelyn, brought damaging winds in some parts of Western, Northern, and Central Europe between January 21 and 24.
Two successive lows, Isha and Jocelyn, brought damaging winds in some parts of Western, Northern, and Central Europe between January 21 and 24.
Report / 3 months ago
Understanding Freeze Risk in a Changing Climate
Extreme cold and freeze were responsible for $15 billion worth of structural damage in recent years, as well as business interruption and supply chain impacts. We explore the threat chronic hazards pose and consider the influence of climate change on business.
Extreme cold and freeze were responsible for $15 billion worth of structural damage in recent years, as well as business interruption and supply chain impacts. We explore the threat chronic hazards pose and consider the influence of climate change on business.
Article / 3 months ago
Climate and Catastrophic Insight 2024
Nearly 400 natural disasters and an evolving climate reveal vulnerabilities and opportunities across the globe...
Nearly 400 natural disasters and an evolving climate reveal vulnerabilities and opportunities across the globe...
Report / 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
Weekly Cat Report December 29, 2023
Windstorm Zoltan, internationally named Pia, brought intense winds and heavy precipitation into Western, Northern, and Central Europe between December 21-22.
Windstorm Zoltan, internationally named Pia, brought intense winds and heavy precipitation into Western, Northern, and Central Europe between December 21-22.
Report / 4 months ago
Weekly Cat Report December 15, 2023
An intense midlatitude cyclone impacted much of the eastern United States on December 9-11.
An intense midlatitude cyclone impacted much of the eastern United States on December 9-11.
Report / 4 months ago
Using Parametric Insurance to Close the Earthquake Protection Gap
Parametric solutions have the flexibility to make hard-to-predict and often uninsurable “grey swan” events insurable. Such is the case for earthquakes — a potentially...
Parametric solutions have the flexibility to make hard-to-predict and often uninsurable “grey swan” events insurable. Such is the case for earthquakes — a potentially...
Article / 4 months ago
Q3 2023: Global Insurance Market Overview
A complex macroeconomic environment continues to shape risk strategies and market responses....
A complex macroeconomic environment continues to shape risk strategies and market responses....
Report / 5 months ago
Weekly Cat Report November 17, 2023
The continuous rainy spells related to multiple low-pressure systems have affected Western Europe, triggering severe flooding since the beginning of November.
The continuous rainy spells related to multiple low-pressure systems have affected Western Europe, triggering severe flooding since the beginning of November.
Report / 5 months ago