All Catastrophe articles – Page 22
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AnalysisUPDATED: New catastrophe landscape
The Bermudan Q3 results reveal that the hurricane season alone no longer dictates a reinsurer's success
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Online onlyWildfires continue to rage in California
Fires are “not yet” as severe as those of 2003, when the Cedar Fire alone caused losses of $1.2bn
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AIR launches Chinese typhoon model
Project incorporates collaboration with Shanghai Typhoon Institute
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AnalysisHeed the global warning
Reinsurers were “lucky” not to have been hit with major cat losses in 2007, says Peter Middleton
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Increased property losses "likely" from US fires
Californian fires ravaged 30,000 acres already
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Online onlyEuropean nat cats on the rise
Munich Re highlights steady rise in weather-related nat cats in recent decades
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Florida AG calls for federal reinsurance backstop
He calls for the US government to become a reinsurer of last resort
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Willis “applauds” TRIA extension
CEO Joe Plumeri backs the Senate’s vote to extend TRIA for seven years
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Allstate income down 15.5% in Q3
Insurer cites cost of cat reinsurance as a reason for reduced premiums
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AnalysisCat bond charge continues into Q4
Subprime has not hindered new cat bond issuances, says Dan Ozizmir
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Online onlyPCI backs "improved" TRIA and flood proposals
Senate's TRIA bill does not mandate insurers to provide NBCR cover; flood bill does not include wind cover
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Online onlyMunich Re issues Japanese quake bond
High demand shows the ILS market has not been impaired by the credit crunch
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Kenya Re affirmed; on negative
AM Best affirms Kenya Re's "B+" rating and revises outlook to negative from stable
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Benfield licenses EQECAT Gulf model
Broker uses offshore energy model to monitor exposures in Gulf of Mexico
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Repeat of '87 storm could cost £7bn
RMS has predicted a repeat of the Great Windstorm of 1987 could result in insured losses up to £7bn
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AnalysisUK flood focus
This year’s summer flooding in the UK has raised new concerns about insurers’ ability to deal with these extreme risks
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Online onlyQ3 cat losses lowest in five years
US property/casualty insurers are expected to pay $1.125bn in third quarter catastrophe claims
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AnalysisCapital market revolution
Capital market solutions will transform the industry, predicted delegates at Insuring Climate Change
