Major Hurricane Idalia: Risk Pricing Needs to Reflect Property Vulnerability
Hurricane Idalia made landfall as a Category 3 hurricane on August 30, 2023, near Keaton Beach, Florida, bringing with it damaging winds, heavy rainfall, and a...
Hurricane Idalia made landfall as a Category 3 hurricane on August 30, 2023, near Keaton Beach, Florida, bringing with it damaging winds, heavy rainfall, and a...
Article / 7 months ago
Florida agriculture losses between $78M and $371M from Hurricane Idalia, preliminary estimate says - AP News
Florida agriculture losses from Hurricane Idalia are estimated at between $78 million and $371 million, with producers also suffering widespread damage...
Florida agriculture losses from Hurricane Idalia are estimated at between $78 million and $371 million, with producers also suffering widespread damage...
apnews.com /
Article / 7 months ago
Maui wildfire, hurricanes Hilary & Idalia may drive attritional quota share losses
We're told that some managers of insurance-linked securities (ILS) fund strategies that invest into collateralized reinsurance quota share arrangements...
We're told that some managers of insurance-linked securities (ILS) fund strategies that invest into collateralized reinsurance quota share arrangements...
Article / 8 months ago
Post Event: Hurricane Idalia
Hurricane Idalia marks the first major hurricane landfall of the 2023 season, 11 months since Hurricane Ian...
Hurricane Idalia marks the first major hurricane landfall of the 2023 season, 11 months since Hurricane Ian...
Article / 8 months ago
Hurricane Idalia insured losses unlikely to top Hurricane Ian's - report
Subsequent catastrophe losses, however, will likely pressure underwriting results in 2023...
Subsequent catastrophe losses, however, will likely pressure underwriting results in 2023...
Article / 8 months ago
Hurricane Idalia insured loss estimated between $2.5bn and $4bn: Verisk
The low-end of Verisk’s initial estimate is already higher than the around $2.2 billion estimate from Karen Clark & Company last week...
The low-end of Verisk’s initial estimate is already higher than the around $2.2 billion estimate from Karen Clark & Company last week...
Article / 8 months ago
Florida-exposed P&C insurers weather Idalia storm
Florida-based property and casualty insurers and other large carriers that underwrite auto and home insurance in the Southeastern US performed relatively well in the stock market...
Florida-based property and casualty insurers and other large carriers that underwrite auto and home insurance in the Southeastern US performed relatively well in the stock market...
Article / 8 months ago
Slide's Idalia claims coming in lower than expected: CEO Lucas
Slide CEO Bruce Lucas said that the company has received less than 100 claims so far from Hurricane Idalia, compared to an expected 500-1,000 claims at this point following the storm....
Slide CEO Bruce Lucas said that the company has received less than 100 claims so far from Hurricane Idalia, compared to an expected 500-1,000 claims at this point following the storm....
Article / 8 months ago
Reinsurers to only feel “minimal” impact from hurricane Idalia: AM Best
The reinsurance sector will likely only feel a “minimal” impact from hurricane Idalia, as its losses are destined to be largely retained by primary insurers, AM Best has...
The reinsurance sector will likely only feel a “minimal” impact from hurricane Idalia, as its losses are destined to be largely retained by primary insurers, AM Best has...
Article / 8 months ago
Hurricane Idalia private insurance loss estimated just $2.2bn by KCC
The first post-landfall insurance industry loss estimate for hurricane Idalia has now been revealed and Karen Clark and Company have estimated the...
The first post-landfall insurance industry loss estimate for hurricane Idalia has now been revealed and Karen Clark and Company have estimated the...
Article / 8 months ago
