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

News

AIR updates New Zealand earthquake model

The model incorporates scientific research after the 2010-2011 Canterbury earthquake sequence

Oasis LMF rolls out cat modelling package

The Wave aims to create more openness and interoperability

AIG combines reinsurance operations to form AIG Re

AIG Re includes Validus Re, AlphaCat and Talbot Treaty

Sompo International deploys AIR's casualty analytics platform

The re/insurer said the platform helps to identify accumulations of exposures

UK insurers face climate and cyber quiz in annual stress tests

The Prudential Regulation Authority has sent a letter to the largest life and general insurers

Nasdaq ModEx signs CoreLogic to provide US earthquake model

Third US cat model on Nasdaq’s multi-vendor cat platform

Oasis LMF added to Fractal insurance platform

The Fractal platform supports re/insurance views of risk and can integrate vendor models

Insurtech weekly: Liberty Mutual, Sapiens, Policy Expert, Kovrr

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech

Perils acquires Canada's CatIQ

CatIQ provides catastrophe loss and exposure information on the Canadian market

Insurers warned of "a cocktail of instability" in Gulf region

Law firm DWF issues warning after suspected attacks on Gulf of Oman oil tankers

Analysis

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

Australia raises its game on wildfire loss models

Ten years ago, Australia suffered one of its worst outbreaks of bushfires that burned 300,000 hectares and took 173 lives. David Walker reports on how wildfire modelling has developed to cope with this increasing threat

Risk insights from outer space

Satellite and drone technology has transformed the ability of re/insurers to assess risks and losses from natural catastrophes, as Dave Fox explains

Climate risk management: the heat is on

Managing financial risks from climate change is becoming an important issue for insurers. Ronan McCaughey speaks to firms about the tools they use to gauge climate risk - and how they plan to deal with this major global challenge

US flood insurance: bridging the political chasm

Hurricanes Michael and Florence have again drawn attention to the issue of underinsurance of flood risk in the US. The industry says regulators are stymieing the market, and reforms are stuck in a political logjam. InsuranceERM's US editor Sarfraz Thind reports