All Windstorm articles – Page 16
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Concerns over US cat fund bill
A new bill proposing a national catastrophe fund requires “a healthy amount of scepticism” warns Bob Hartwig
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UK flooding linked to climate change
The UN’s IPCC says extreme weather events will become more frequent
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Underwriting in a softening market
Lancashire's CFO says discipline is the key to tackling a softening market
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TSR lowers its hurricane outlook again
Tropical Storm Risk has lowered its hurricane forecast to 35% above normal
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PCI backs US federal cat pool
The PCI backs a new bill proposing a national US catastrophe pool
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Munich Re posts €2.1bn half year profit
Munich Re had a profitable first half but its operating result drops to €2.8bn
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Hannover Re profits up; premiums down
Hannover Re’s profits are up 15.8% for the first half of 2007, but its gross premiums have declined 10.4%
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Typhoon Usagi makes landfall
Losses are not expected to exceed $500m as the storm weakens to a category 2
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Results suggest softening rates
The dip in reinsurers' premiums in Q2 suggests the softening has begun
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Risk retention = competition
Bermuda reinsurers report healthy Q2 results despite cedants retaining more risk
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Industry Matters
A disaster waiting to happen?
Paul Nunn provides an overview of the 2007 hurricane season forecasts
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Cover Story
Correlations of risk
Large catastrophes often reveal unexpected correlations and loss amplifications. Nick Thorpe examines whether these correlations of risk could catch out insurers, reinsurers and their investors
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GR Focus
Rising to the challenge
Allstate has been subpoenaed twice over its handling of Katrina claims in Mississippi and media reports have been less than favourable. Despite having settled 98% of cases, insurers continue to garner what Alex Soto believes is unfair criticism
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Industry Matters
New kid on the block
Matt Huddleston explains how the Met Office has staked a claim to tropical storm forecasting
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Features
Stormy skies ahead
The industry enjoyed a benign hurricane season in 2006, but the same cannot be expected in 2007 warns Dr Steve Smith. Warmer sea temperatures and natural weather patterns are likely to cause an above average storm season this year.
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Japanese islands battered by typhoon
Typhoon Man-yi not expected to threaten mainland Japan though
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Farmers in unique $500m deal with Swiss Re
Farmers Insurance Group has entered into a $500m committed capital facility with Swiss Re to cover US cat losses
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Hurricanes more likely to make landfall
Hurricanes are likely to form in the Caribbean, increasing the likelihood of storms making landfall, warn climate specialists
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PCS: Record low catastrophes for Q2
US property/casualty insurers are expected to pay an estimated $2.175bn for second-quarter property losses