Gallagher Re Cat Analytics team addresses the torrential rains and flooding that impacted many Arabian Gu...
‘Toxic’ fallout and digital dangers top Swiss Re risk rundown - Insurance News
The number one emerging risk to property and specialty underwriting lines is the “cascading” fallout from flood, fire and other natural perils, according to Swiss Re’s latest Sonar report.
The number one emerging risk to property and specialty underwriting lines is the “cascading” fallout from flood, fire and other natural perils, according to Swiss Re’s latest Sonar report.
insurancenews.com.au /
Article / 10 hours ago
Office Buildings’ Losses Are Growing, With More Pain to Come - The New York Times
The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.
The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.
nytimes.com /
Article / 11 days ago
Property cat pricing holds at renewals, discipline to extend into 2025: Jefferies
Analysts at investment bank Jefferies came back from a trip to Bermuda meeting with reinsurance and ILS market executives with the conclusion that
Analysts at investment bank Jefferies came back from a trip to Bermuda meeting with reinsurance and ILS market executives with the conclusion that
Article / 19 days ago
European Insurance Market Update Q1 2024
In this update we analyse the current European commercial lines insurance market based on the experiences of our WTW clients....
In this update we analyse the current European commercial lines insurance market based on the experiences of our WTW clients....
Article / 26 days ago
Climate Change Made Recent UK and Ireland Storms Much Worse
The heavy downpours seen in the UK and Ireland last fall and winter were about 20% worse because of climate change, a new scientific report found....
The heavy downpours seen in the UK and Ireland last fall and winter were about 20% worse because of climate change, a new scientific report found....
Article / 26 days ago
Aon lands Barber from Marsh as global head of property
Aon has hired Ryan Barber as global head of property for its Commercial Risk business in a move it says will further advance its Risk Capital strategy, The Insurer can reveal....
Aon has hired Ryan Barber as global head of property for its Commercial Risk business in a move it says will further advance its Risk Capital strategy, The Insurer can reveal....
Article / 26 days ago
AI risks measurable, often insurable: Experts
Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred to insurers via existing policies, new AI policies and captives, a panel...
Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred to insurers via existing policies, new AI policies and captives, a panel...
Article / 1 month ago
Property fast-growing coverage line: Marsh captives
Captive use continues to grow as climate change exacerbates extreme weather events driving property premium increases, Marsh LLC executives said Tuesday....
Captive use continues to grow as climate change exacerbates extreme weather events driving property premium increases, Marsh LLC executives said Tuesday....
Article / 1 month ago
Windstorm Ciarán (Emir) industry loss lifted another 5.5% to €2.043bn by PERILS
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a futher 5.5%...
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a futher 5.5%...
Article / 2 months ago
Rising fire risks drive parking garage scrutiny
Parking garages — long considered benign risks by property insurers — are facing more scrutiny from underwriters and potential rate hikes as fire hazards increase with the...
Parking garages — long considered benign risks by property insurers — are facing more scrutiny from underwriters and potential rate hikes as fire hazards increase with the...
Article / 2 months ago