All natural catastrophe articles – Page 4
-
News
RIMS calls for long-term extension of NFIP
As Florida reels from Hurricane Ian, the US flood insurance program receives a brief reprieve
-
News
Verisk pegs Ian losses at $42 to $57 billion
Ian brought significant storm surge damage, however, the flood insurance take-up on residential risks in Florida are low
-
News
S&P predicts Hurricane Ian losses of up to $40 billion
Citizens Property Insurance Corporation has estimated it expects losses of about $3.8 billion
-
News
Hurricane Ian to bring ‘near record’ insurance losses
Ian will leave insurers with their largest loss since Hurricanes Harvey, Irma and Maria in 2017, says GlobalData
-
News
Hurricane Ian bears down on Cape Coral, Fort Myers
The storm is on track to intensify to an intense category 4 hurricane before making landfall later today
-
News
Hurricane Ian takes aim at Florida
Current forecasts show the storm skirting the west coast of Cuba before intensifying as it crosses the Gulf of Mexico
-
News
CCR to sell €200m stake in CCR Re
French reinsurance mutual needs to grow and become autonomous in the face of growing nat cat losses, says Board
-
News
Reinsurers risk misunderstanding secondary perils due to cat models
PWC predicts a ‘pretty expensive year’ as secondary perils drive up losses ahead of H2’s Florida hurricane season
-
News
AXA launches forest restoration program
Research from the program will be shared at a European level, to strengthen biodiversity and climate resilience
-
News
Ariel Re: It’s time to stop selling Ferraris at Ford pricing
Reinsurer’s Joel Willens expects to see a further reduction in appetite for property cat going into the renewal season
-
News
Swiss Re takes drastic action to cut RVS carbon footprint
There is a very obvious impact from climate change on secondary perils after a summer of extremes
-
News
Reinsurance pricing correction ‘unavoidable’ - Hannover Re
Large loss trend, pandemic and rising inflation require further improvements in prices and conditions, insists reinsurer
-
News
PERILS adds European flood to its repertoire
Demand is growing for industry loss triggers as cedants seek alternatives amid the ongoing hard market - CEO Hitz
-
News
Major reinsurance market correction ahead - SCOR
The challenging macro-economic landscape will be a net positive for both risk carriers and “volatility takers”
-
News
Monitoring catastrophe events from space
Rafal Modrzewski, CEO and co-founder of ICEYE, explains how advances in data are opening up new industry possibilities
-
News
Reinsurance market reaches ‘a tipping point’ - Howden
Risks are escalating as the world lurches from one crisis to another, bringing about a fundamental shift in supply and demand, warns broker
-
News
Investment losses, nat cats and Ukraine dent 1H22 results
There was a strong year-on-year decline in profitability in 1H22 for the four main European reinsurers, reports Fitch
-
News
Reinsurance capital could shrink in 2022 - AM Best
Driven by losses in investment markets, another severe property cat season could prove “adverse”
-
News
Best affirms Swiss Re ratings; puts ICR on ‘negative’
Negative outlook on the reinsurance group’s long-term issuer credit rating reflects operating performance pressure
-
News
WTW appoints Conway to head Ecosystem Resilience practice
She was Lead Climate Finance Negotiator for the US delegation to the UN Framework Convention on Climate Change