In this report, we summarize the global loss totals for the first quarter and focus on key issues driving...
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 / 3 days ago
NAIC Adopts Climate Resilience Strategy to Close Coverage Gaps, Improve Recovery
To assist property insurers in reducing losses and speeding up recovery from natural disasters, the National Association of Insurance Commissioners'...
To assist property insurers in reducing losses and speeding up recovery from natural disasters, the National Association of Insurance Commissioners'...
Article / 9 days ago
Aon chief calls for better models for ‘stressed’ property insurance market - Financial Times
Industry’s reliance on history to predict losses not sufficient for era of climate, cyber and AI risks, Greg Case says...
Industry’s reliance on history to predict losses not sufficient for era of climate, cyber and AI risks, Greg Case says...
Article / 9 days ago
California Homeowners Face Billions in Property Loss from Climate-Related Insurance Non-Renewals - Insure Our Future US
The ‘Dirty Dozen’ insurers—that restricted coverage in California citing climate risks—have $113B of investments in and $3.6B of underwriting income from fossil fuels...
The ‘Dirty Dozen’ insurers—that restricted coverage in California citing climate risks—have $113B of investments in and $3.6B of underwriting income from fossil fuels...
us.insure-our-future.com /
Article / 11 days ago
Climate change is fuelling the US insurance problem - BBC
Extreme weather events are making it hard to insure homes in certain parts of the US. What happens when insurance companies simply stop insuring...
Extreme weather events are making it hard to insure homes in certain parts of the US. What happens when insurance companies simply stop insuring...
Article / 24 days ago
US Treasury Drops Plan to Collect Insurer Data on Climate Risks
The US government is stepping away from its effort to collect data on home insurance prices and availability at the Zip code level as premiums soar and climate risks...
The US government is stepping away from its effort to collect data on home insurance prices and availability at the Zip code level as premiums soar and climate risks...
Article / 1 month ago
Hazard intensification due to climate change to drive higher losses: Swiss Re
Research from the Swiss Re Institute finds that countries are at risk of higher property damage losses as a result of climate change...
Research from the Swiss Re Institute finds that countries are at risk of higher property damage losses as a result of climate change...
Article / 2 months ago
Climate Change and "Category 6" Hurricanes
At the start of February, the academic journal Proceedings of the National Academy of Sciences (PNAS), released a new publication by Michael Wehner...
At the start of February, the academic journal Proceedings of the National Academy of Sciences (PNAS), released a new publication by Michael Wehner...
Article / 2 months ago
The Odds of a Hurricane-Boosting La Niña This Year Are Rising
The odds of a La Niña weather pattern this year are rising, amplifying the risk of hurricanes in the Atlantic and drought in California and South America....
The odds of a La Niña weather pattern this year are rising, amplifying the risk of hurricanes in the Atlantic and drought in California and South America....
Article / 2 months ago
WTW's Natural Catastrophe Review H2 2023
WTW's Natural Catastrophe Review H2 2023, bringing insights from our experts examining recent natural disasters, lessons learned and emerging trends
WTW's Natural Catastrophe Review H2 2023, bringing insights from our experts examining recent natural disasters, lessons learned and emerging trends
Article / 3 months ago
