The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to b...
Atlantic tropics heat up with first disturbance weeks before hurricane season
In a sign of what could be to come through the 2024 Atlantic hurricane season and a clear signal of the elevated ocean heat content and sea surface...
In a sign of what could be to come through the 2024 Atlantic hurricane season and a clear signal of the elevated ocean heat content and sea surface...
Article / 1 hour ago
Cat bond issuance hits $7bn in 2024, over 82% exposed to Atlantic hurricane risk
Issuance of property catastrophe bonds, bonds exposed to other lines such as health and related private cat bond deals tracked by Artemis in our Deal...
Issuance of property catastrophe bonds, bonds exposed to other lines such as health and related private cat bond deals tracked by Artemis in our Deal...
Article / 3 days ago
Hurricane season could be impactful, with forecast for Bermuda High steering west
The Weather Company and Atmospheric G2 are forecasting that the 2024 Atlantic hurricane season could be among the most active ever, while they also warn...
The Weather Company and Atmospheric G2 are forecasting that the 2024 Atlantic hurricane season could be among the most active ever, while they also warn...
Article / 6 days ago
Active hurricane season forecast from NC State highlights Gulf of Mexico risk
Researchers from North Carolina State University have forecast that the 2024 Atlantic hurricane season will be an active one, with the number of named...
Researchers from North Carolina State University have forecast that the 2024 Atlantic hurricane season will be an active one, with the number of named...
Article / 8 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 8 days ago
La Nina 60% Likely to Develop Between June-August
A U.S. government weather forecaster expects an about 60 percent chance of the La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean emerging in the...
A U.S. government weather forecaster expects an about 60 percent chance of the La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean emerging in the...
Article / 13 days ago
Heard on the Street: A 'Hyper-Active' Hurricane Season Will Test Reinsurers’ Readiness - Wall Street Journal
This year is shaping up to be a busy one for big Atlantic storms. Catastrophe reinsurers have already boarded up their windows...
This year is shaping up to be a busy one for big Atlantic storms. Catastrophe reinsurers have already boarded up their windows...
Article / 14 days ago
European cedants must get on top of loss creep – or face wrath of reinsurers
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
The recent Italian hail and Bernd losses show some companies are relying on outdated models....
Article / 14 days ago
Unchanged rates gaining more acceptance at April 1 commercial property renewals
Compared to March, more sources shared accounts of rate declines and oversubscription....
Compared to March, more sources shared accounts of rate declines and oversubscription....
Article / 17 days ago
Tropical Storm Risk raises hurricane season forecast to "hyperactive"
Tropical Storm Risk (TSR) has today raised its forecast for the 2024 Atlantic hurricane season, now saying it expects a "hyperactive" level of activity...
Tropical Storm Risk (TSR) has today raised its forecast for the 2024 Atlantic hurricane season, now saying it expects a "hyperactive" level of activity...
Article / 17 days ago