Cat risk

Analysis

07 May 2024

The emission cost of disasters: a new class of transition risks?

Post-disaster reconstruction comes at a heavy environmental cost - and there are questions over who is responsible for paying. But the risk is as much an opportunity for insurers, as Manuel Lonfat explains
30 April 2024

Ascot's Steve Guijarro: when to stay old school, or go new school

Ascot's US chief risk officer and group head of exposure management Steve Guijarro talks to Paul Walsh about the fundamentals needed to address extreme weather, the "low hanging fruit" of AI and private equity's increasing influence on insurance
26 March 2024

NAIC climate data call could leave FIO in the cold

Climate and its impact on insurers has been a source of acrimony between state and federal insurance regulators in the US. The NAIC's recently issued climate data call, following the initiative of FIO, might not represent the warming of relations it initially seems. Sarfraz Thind reports
14 February 2024

Brickbats rain down on Australia's property insurers at parliamentary investigation

Politicians suggested Australia's insurers had only themselves to blame for a humiliating grilling over responses to 2022's flooding. But insurers said constructing homes in flood plains is not exactly helping, as David Walker reports
08 February 2024

US property rate debate rages as natcats soar

Demands for higher rates for homeowners coverage are creating tensions among consumer groups, regulators and underwriters. Sarfraz Thind reports on attempts to sustain the market as natural catastrophe losses mount

News

  • Moody's details the top 10 risks facing insurers

    08 May 2024

    Robert Muir-Wood says risks are affecting all businesses and the business of risk itself

  • Baltimore bridge loss estimate range "significantly higher" than the norm, says Munich Re

    08 May 2024

    The German reinsurer's man-made losses in Q1 grew from €165m to €418m year on year

  • Climate change justifies higher insurance pricing, says Evan Greenberg

    08 May 2024

    Chubb CEO says higher rates will change behaviour

  • 'We keep losing money', global reinsurers warn about Australian property cover

    07 May 2024

    Australian insurance delegation visited Lloyd's and other reinsurers for candid talks last year

  • Cyclone-prone homes pay 35% lower premiums since Australian government starts sharing risk

    07 May 2024

    ARPC found insurance availability also improving

  • Swiss Re predicts optimistic outlook for Middle East insurance market

    06 May 2024

    However, the reinsurer warned the region must increasingly consider natcat risks

  • Wildfires and typhoons send South Koreans' foreign business into the red

    30 April 2024

  • Japanese insurer doubles risk exposure to earthquake damage

    30 April 2024

  • JBA and Addresscloud map flood risk of buildings in Europe

    29 April 2024

  • Insured losses from Gulf floods may exceed $1bn

    29 April 2024

  • New Zealand regulator warns of unaffordability of cover from risk-based pricing trend

    29 April 2024

    Change from community-based approach could come quickly, RBNZ warns

  • Allstate plans to return to California

    26 April 2024

    But only when reforms are implemented and if the rates are right

  • ESRB warns prudential rules must capture systemic sustainability and climate risks

    25 April 2024

    The ESRB provided advice to Eiopa on the prudential treatment of environmental and social risks

  • Mitsui Sumitomo shares telematics with Japanese councils to aid earthquake repair

    25 April 2024

  • California climate summit highlights value of insurer-government partnerships

    24 April 2024

    Aon's global head of climate risk advisory, Liz Henderson, shares her insights

Most Read
  1. Third-party risks: the new horizons for operational risk management
  2. Bridging the Gap: Opportunities in Short-Term Loans to Address Long-Term Affordability
  3. UK BPA firms will be stress tested on use of funded reinsurance
  4. IFRS 17 may unlock fresh metrics for analysing insurers' growth, says KPMG
  5. Has IFRS 17 improved comparability and consistency? The jury is still out
  6. California's big climate show
  7. UK regulator issues clarifications on Solvency II MA reforms ahead of finalised rules
  8. Eiopa pinpoints IFRS 17's negative impact on shareholders' equity
  9. Johanna Köb steps down as Zurich's responsible investment head due to long Covid
  10. Aspen and Pimco form casualty-focused re/insurance vehicle