After more than a year of sharp property insurance rate hikes and six years of sustained price increases,...
Arctic Blast 2024
Unfortunately, the insurance industry is no stranger to winter storm losses. In fact, losses have totalled over $40B over the last ten years for the insurance industry....
Unfortunately, the insurance industry is no stranger to winter storm losses. In fact, losses have totalled over $40B over the last ten years for the insurance industry....
Article / 4 months ago
2023 U.S. Weather Extremes Summary in Charts and Maps
U.S. insurance losses tend to drive 64% of the worldwide overall insurance industry losses experienced in any given year....
U.S. insurance losses tend to drive 64% of the worldwide overall insurance industry losses experienced in any given year....
Article / 5 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 / 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 / 8 months ago
BMS Tropical Update 09/13/2023
We are about four days from Hurricane Lee's impacts into New England and the Canadian Maritimes Providence....
We are about four days from Hurricane Lee's impacts into New England and the Canadian Maritimes Providence....
PR / 8 months ago
BMS Tropical Update 08/31/2023
Hurricane Idalia made landfall in the Big Bend of Florida with max winds of 125 mph....
Hurricane Idalia made landfall in the Big Bend of Florida with max winds of 125 mph....
Article / 9 months ago
BMS Tropical Update 08/30/2023
Idalia has officially made landfall and, with that, history. It fills a large absence of major hurricanes to ever make landfall within the Apalachee Bay of the Big Bend region of Florida's west coast....
Idalia has officially made landfall and, with that, history. It fills a large absence of major hurricanes to ever make landfall within the Apalachee Bay of the Big Bend region of Florida's west coast....
PR / 9 months ago
The BI Interview with Christa Coletti of BMS Re - Business Insurance
Christa Coletti, EVP and branch manager, P&C, for BMS Re US, sees a challenging reinsurance renewal season ahead as insurers and reinsurers continue to face claims inflation, climate change and big verdicts.
Christa Coletti, EVP and branch manager, P&C, for BMS Re US, sees a challenging reinsurance renewal season ahead as insurers and reinsurers continue to face claims inflation, climate change and big verdicts.
Video / 9 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
