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


Swiss Re: nat cat insured losses break $100bn threshold again in 2022

Natural catastrophes in 2022 included hurricane Ian, hailstorms in France and flooding in Australia

Perils estimates Turkish quake insured loss to reach $3.4bn

The data provider said the catastrophe was the costliest in Turkey's recorded history

GFIA identifies four significant global protection gaps totalling $2.8trn

The federation calls for industry and government to address the gaps

Swiss Re reduces carbon intensity of corporate bonds and equities by 42%

The reinsurer also highlights green transition opportunities

German natcat reinsurance rates double since 2021

Regional public-sector insurers hit hardest, Fitch estimates

Phoenix estimates 20% of equity and credit assets exposed to high climate transition risks

UK life insurer further integrates climate risk across its risk management framework

New Zealand floods insured loss pegged at NZ$1.65bn

Catastrophe loss information provider Perils explains why the event was unprecedented

Talanx posts record earnings, premiums - and natcat losses

Overstepped 2022 large loss budget by €400m

Aviva completes divestment of £2.5bn in fossil fuel companies

The UK insurer also updates its Climate VaR methodology

Zurich excludes five fossil-fuel companies with non-credible transition plans

The Swiss insurer justifies its net-zero engagement policies in its TCFD disclosures

Hannover Re boosts revenue and premiums but hit by major loss expenditure

Natural catastrophe risk "not a particular opportunity" at the moment, the German reinsurer says

Admiral posts £469m profit for 2022 despite combined ratio spike

Claims inflation and weather events send combined ratio above 100%


ESG for insurers is about education, support and guidance

Sustainability leads at Lloyd's of London, Convex and Fidelis explained how their ESG and net-zero strategies are evolving, and whether 2050 goals are realistic, at a Fitch Ratings event last week. Joshua Geer reports

Ireland's insurance regulator talks Solvency II divergence and going green

Domhnall Cullinan, director of insurance supervision at the Central Bank of Ireland, speaks to Ronan McCaughey about the biggest risks and regulatory challenges facing the sector in 2023

Insuring the Big One

The US population is underinsured against earthquakes despite the frequent reminders of how serious this peril can be. Then again, covering quakes is just not easy, as Sarfraz Thind reports

Looking beyond climate to decipher natcat loss trends

Insured losses from natural catastrophes are on the rise, but research from TigerRisk shows climate factors are driving only a fraction of this increase. Paul Walsh reports

Risk modellers step up a gear to tackle next-generation perils

Experts at the Insurance Risk & Capital EMEA conference discussed how risk modellers are responding to today's interconnected society and why a focus on forward-looking assessment is needed. Paul Walsh reports

The future of flood risk management

How can insurers better manage flood risk and improve the services they offer customers and clients? Experts offer their thoughts in this report on the InsuranceERM / ICEYE webinar