All SCS articles
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News
'No big bets' – interview with Ascot’s US chief risk officer
The world is changing and the insurance industry will have to change with it. Steve Guijarro, US chief risk officer of re/insurer Ascot Group, explains what the company is doing to achieve this.
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News
New record of 142 nat cats adds up to $108bn in 2023 – Swiss Re
Swiss Re Institute said frequency of events is main driver of insured loss accumulation, with severe convective storms accounting for a record $64bn last year.
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News
Hail risk putting pressure on renewables – GCube CEO
Fraser McLachlan warns that hail is becoming an increasingly serious threat, with re/insurers keen to limit exposure, which represents a challenge for new renewable energy projects.
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News
Swiss Re: SCS losses reach record $60bn in 2023
The reinsurer said natural catastrophes will once again break several loss records in 2023, with severe convective storms driving the numbers.
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News
Severe US storms broke records for H1 nat cat losses – Swiss Re
Severe convective storms drove global natural catastrophe insured losses, which reached $50bn across all perils, according to the Swiss Re Institute.
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Above-average H1 nat cats hit $52bn – Gallagher Re
Insured losses from natural catastrophes in the first half of 2023 were driven by a series of big US storms and El Niño’s arrival.