Cat risk Catastrophe Bonds, Hurricanes, Earthquakes, Floods, Sidecars/ILW

News

People moves: Just; Sun Life; Mosaic; Aeolus; Allianz Risk Consulting; Cytora

InsuranceERM rounds up the latest risk and capital appointments in the insurance industry

Government reinsurer no panacea for Australian natcat cover costs

Practitioners warn Queensland's proposal may add complexity to system

Aviva's climate goals need clarity, say environmentalists

UK insurer reveals plans to become carbon neutral by 2040

Enter now for the InsuranceERM Americas Awards 2021!

The awards feature 27 categories and the deadline for entries is 9 April

Climate risk assessment needs an integrated approach

Geneva Association task force releases a framework to help insurers tackle climate risk

The winners are revealed in InsuranceERM's 2021 Awards

The awards recognise the best in the UK and Europe's insurance risk management sector

Civil unrest risk transfer market hampered by lack of credible modelling

US insurers showing increased interest since pandemic, but few options as of now, says Verisk

US winter storms will lead to 750,000 claims and $18bn insured loss

Cat modelling chief Karen Clark says similar events could reasonably occur in future

Prince Charles's three pieces of advice to insurers

UK's future monarch concerned about climate coverage gap

Analysis

Is address-level pricing causing or solving natcat protection gaps?

Consumers in high-risk districts are facing unaffordable premiums for property cover - a situation that some blame on insurers' increasingly detailed pricing methods. But insurers argue that address-level pricing allows them to close protection gaps. David Walker reports

Insurance protection gaps: getting over the blame game

Politicians and civil society tend to blame insurers for widening protection gaps. But insurers say governments and regulators must share responsibility. So what can be done to solve what all regard as a growing problem? Christopher Cundy reports from Eiopa's 10th anniversary conference

Climate change could radically reshape US insurance losses

Re/insurers in the US could face a 20% increase in hurricane-related property losses because of climate change. But that's just the average. In certain regions, the losses might be several times higher by 2050, as AIR Worldwide's Peter Sousounis explains to Christopher Cundy

The 2020 Atlantic hurricane season: breaking unexpected records

This year will be remembered for the having the largest number of tropical storms, but it has been a relatively lucky season without serious losses. For insurers and risk modellers, the long-term impact may be the advances in technology forced upon them by the pandemic, as Paul Walsh reports

WTW's Rowan Douglas: riding the wave of climate risk awareness

The head of Willis Towers Watson's Climate and Resilience Hub has been on a major hiring spree. He talks to Cintia Cheong about how interest in climate risk has surged and why insurers are demanding advice and analytical tools

How actuaries can make a difference on climate risk

Actuaries can play important roles in helping to address the challenges of climate-related risks, according to the International Actuarial Association. Ronan McCaughey reports