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

News

Stronger and more frequent hurricanes on the way, warns AIR Worldwide

The catastrophe risk modeller said stronger and more frequent cyclones are likely in the future

US P&C insurers criticise California's non-renewal moratorium

California’s insurance commissioner has stopped non-renewals in the state’s wildfire risk areas

Scor renews contingent capital facility

Fourth renewal of equity line that will pay out following an extreme loss

Australian hailstorm costs estimate at up to US$130m

Risk Frontiers warns of more to come in summer storms

Swiss Re earns top marks for reducing coal underwriting and investment

European re/insurers highly ranked; US and Asian firms continue to be targeted by environmentalists

Axa accelerates climate strategy and launches parametric offering

The insurer’s coal underwriting policy will also be strengthened given "the climate emergency"

Axis Capital expecting up to $110m Hagibis hit

The firm’s losses are expected to make up a tiny amount of total industry losses from Hagibis

Indonesia turns to private sector for catastrophe cover

Insurance purchased for damage to public buildings from natural and man-made disasters

Ten steps on how to win an InsuranceERM Award

Deadline for entries is Friday 13 December

Analysis

Insurance ERM Americas: is cyber risk modelling up to scratch?

Panellists at InsuranceERM's New York conference shared their thoughts on the positive aspects of cyber risk modelling and where improvements are required. Christopher Cundy reports

The technology trends in risk and capital management

As re/insurers look to implement IFRS 17, manage cyber risk and drive modelling efficiencies, software vendors are gearing up to respond. Cloud and process automation solutions also figure highly in this year's InsuranceERM Technology Guide, introduced by Ronan McCaughey

Canopius: looking east and west for growth

This year's deals involving AmTrust and Samsung have given the 16-year-old Lloyd's operation a fresh impetus, as chairman Michael Watson explains to David Walker

Climate risk in the US: time to stand up

Trenchant politics, vested interests, short-term thinking ... tackling climate change in the US is an uphill battle. Washington insurance commissioner Mike Kreidler tells Sarfraz Thind about the difficulties of standing up to the status quo

Glyphosate, opioids and talc - candidates for the next asbestos?

Claims relating to asbestos exposure caused a catastrophic level of losses for the insurance industry. What is the potential for the scenario to be repeated by other chemicals and compounds? Paul Walsh reports

A shake-up of Australian earthquake modelling

David Walker finds that much has changed in the risk models used to assess the country's seismic hazard - and in the mentality of the modellers themselves