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

News

Hurricane Sally insured losses could hit $3bn

Latest estimates from AIR Worldwide and Karen Clark & Company

AM Best warns of severe NFIP losses from Sally

The rating agency warned the US Federal flood insurance backstop and private insurers with large flood exposures of large losses

Insurers "distressingly absent" in push for US climate legislation

Senator Sheldon Whitehouse says industry understands risks from climate change, but won't drive Congress

US wildfires to cost insurers up to $8bn, Moody's estimates

Western state blazes have claimed 34 lives and destroyed almost 10,000 homes

Tropical storm Sally pours down on US Gulf Coast

Sally weakened from a hurricane to a tropical depression shortly after making landfall

InsuranceERM's Technology Guide 2020-21 is launched and ready to use

The directory covers over 100 products used by insurers for risk, capital and asset management

Swiss Re ramps up its internal price on carbon

Generali, Allianz and Aviva also ask EU to cut emissions by 55%

Join InsuranceERM's Americas virtual conference for expert insight

The virtual event is free for insurers and will be held on 22-23 of September

Beirut explosion data not granular enough, says Hannover Re

German reinsurer estimates "mid-double digit million euro range" from the event

Sally set to hit US Gulf Coast as cat 2 hurricane

Hurricane warnings are in place from parts of Louisiana to the Mississippi/Alabama border

Analysis

The cloud is a silver lining amid Covid-19

Covid-19 has put to bed any doubts about the use of cloud technology for risk and capital management. The pandemic will also drive more sophisticated risk modelling, as Ronan McCaughey discusses in his review of key trends in the risk software markets

Pandemic protection: what a public/private solution might look like

Swiss Re's Ivo Menzinger has overseen many innovative public/private partnerships to insure risks at a regional and national level. Now he is focusing on pandemic protection programmes, he explains to David Walker

Australia's life insurers in the emergency room

David Walker reports on the suitability, reputational and distribution crises that are destroying the profitability of the country's life sector

The heat is on for climate risk modelling

It is time for catastrophe risk model developers to go beyond a piecemeal approach to addressing climate change, argues Jayanta Guin

The insurance industry's climate change leaders

Christopher Cundy introduces InsuranceERM's list of the people leading and shaping the insurance sector's response to climate change

Catastrophe risk modelling: platforms and models update

InsuranceERM's round-up of developments at model vendors and platform providers AIR Worldwide, Impact Forecasting, Oasis LMF, RMS, Guy Carpenter, WTW, JBA, Nasdaq, KCC, ARA, Combus, CoreLogic, ERN and Fathom