Archive

California wildfire syndicate posts first 'year loss, but not due to fire

Fires on Hawaii, not in California, made news in Lloyd's syndicate results for 2023

Hyperactive hurricane season predicted for North Atlantic this year

Warmer seas and La Niña will prompt well above average hurricanes, TSR and CSU say

Verisk revamps cat risk models

Early insurance loss data emerges from Taiwan's earthquake zone

Earthquake was Taiwan's strongest in 25 years

AM Best predicts significant losses in commercial lines from Taiwan earthquake

Earthquake hit Taiwan's east coast yesterday morning

Florida urged to improve building standards as Fema cuts flood subsidies

State currently has highest insurance rates in US, nearly double second-placed Louisiana

MS&AD subsidiaries issue $100m cat bonds for Japanese market

Cresta urges severe convective storms not to be called secondary perils

The firm warned SCS "are no longer purely an issue of frequency but also of severity"

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

Swiss Re highlights pricing and incentivising importance as nat cat losses spike

Record 142 insured nat cats in 2023, totalling $108bn in losses