Archive

Gallagher Re: External scanning data can reduce cyber loss ratios

The reinsurance broker identifies the datasets that can help insurers with cyber underwriting

Quality of collateral named as key ingredient for FundedRe deals

UK life actuaries also heard about the fast-evolving landscape for funded reinsurance

Hurricane Helene's insured losses could hit $14bn, says Moody's RMS - UPDATED

The loss estimate comes as hurricane Milton prepares to roar into Florida tomorrow

Hurricane Milton poses further devastation risk for Florida

Unusual storm track towards Tampa presents classic "grey swan" event

Hurricane Helene slams into Florida as a category 4 storm

The National Hurricane Centre has warned of catastrophic and record-breaking flooding

Gallagher Re: hurricane Helene may cause up to $6bn in insured losses

The broker also warned losses could be closer to $10bn if Helene shifts closer to Tampa

Storm Boris insured losses estimated to hit up to €3bn

Severe flooding across central Europe has damaged residential and commercial properties

Hurricane Francine expected to cause $1bn insured losses

Hit expected to be "highly manageable" for insurers, says Gallagher Re

Gallagher Re predicts up to $2bn in insured losses from Debby

US thunderstorms already racked up $43bn of insured losses this year

Fire risk in the US is also poised to escalate in 2025, says Gallagher Re