All catastrophe risk articles – Page 3
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Climate crisis: Re/insurers must overhaul business models
Just 8% of insurers are resilience champions while 73% of policyholders rank climate among their top concerns
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Wildfires threaten New Mexico resorts
More than 300 properties in New Mexico and 500 in Orange Country have been destroyed so far
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SCOR: Ukraine and nat cat losses dent Q1 results
The reinsurer has reported a net loss of €80m for the quarter and a combined ratio of 103.7%
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How climate change will shape offshore exposures
Climate change puts offshore energy and shipping sectors under increasing pressure - Chaucer
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Australia’s 2022 flood costs break previous records
Floods in February and March are estimated to have cost $3.35 billion in insured losses
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Florida property insurers under “immense pressure”
Elevated reinsurance costs, coupled with higher loss and litigation costs, are challenging Florida property insurers - AM Best
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ILS a key solution to climate crisis - MAS
21 ILS transactions have been launched in Singapore since 2018, including a growing number by Asian cedants
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Fitch lowers reinsurance sector outlook to neutral
Russia-Ukraine war represents a “mid-sized catastrophe event” as hard market begins to ease
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AM Best puts Italian insurers on negative outlook
Economic uncertainty, declining profitability and elevated risk profiles are causes for concern
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Q1 nat cat economic losses reach $32 billion
Quarter was the sixth consecutive Q1 to record more than $10 billion in re/insurance claims
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Ukraine drives Q1 losses up to $30 billion - Guy Carp
An active natural catastrophe period combined with the Russia-Ukraine conflict are driving claims severity
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Inigo issues first catastrophe bond
Montoya Re is a $115m transaction covering earthquake and windstorm risk in the US, Canada and Japan
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Guy Carpenter appoints Enoizi as Public Sector head
The former Pool Re boss will lead Guy Carpenter’s Public Sector practice in a newly-created role
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Reinsurance Pool legislation passes in Australia
The risk pool for cyclone and cyclone-related flood will launch in just three months
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