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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 / 7 days ago
The New Normal: $100 Billion in Insured Nat Cat Damages
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
PR / 3 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
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
Windstorm Ciarán: New Enhanced Event Response Benefiting from High-Definition Models
Between November 1-2, a rapidly deepening area of low pressure, named Storm Ciarán by the U.K....
Between November 1-2, a rapidly deepening area of low pressure, named Storm Ciarán by the U.K....
Article / 5 months ago
AI could predict hurricane landfall sooner - report - BBC News
A Google DeepMind tool predicted where one would hit three days ahead of existing methods.
A Google DeepMind tool predicted where one would hit three days ahead of existing methods.
bbc.co.uk /
Article / 5 months ago
Insuring the Transition: Why Protection Is Key for the Journey to Net Zero
Examining the role of insurance in enabling the transition to a net-zero emissions economy....
Examining the role of insurance in enabling the transition to a net-zero emissions economy....
Article / 5 months ago
Global Warming and Insurance Underwriting 2024
Although most insurance carriers do not speak in terms of global warming, the insurance market is making rapid changes in response to increased...
Although most insurance carriers do not speak in terms of global warming, the insurance market is making rapid changes in response to increased...
Article / 7 months ago
Four Steps to Develop Strong Property Risk Coverage in a Hardening Market
With the property market remaining volatile, risk buyers need a solid strategy to stabilize their risk portfolio.
With the property market remaining volatile, risk buyers need a solid strategy to stabilize their risk portfolio.
Article / 8 months ago
Climate-Attributed U.S. Hurricane Losses to Increase by at Least 10 Percent Over 20 Years Under Selected Scenarios
Aon’s Academic Collaborations Deliver Actionable Climate Insights to Broad Range of Stakeholders...
Aon’s Academic Collaborations Deliver Actionable Climate Insights to Broad Range of Stakeholders...
PR / 10 months ago