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

News

European cyber risk market could reach $5bn by 2025

Compound annual growth rate of 37%, predicts Munich Re at Baden Baden

Japanese typhoons won't dent insurers' capital

Faxai and Hagibis will not severely affect Japan’s three main non-life insurers’ capitalisation, says AM Best

Loma Prieta quake would cause $38bn economic loss today

RMS warns of large protection gap if 1989 Californian earthquake is repeated

Insurtech roundup: Talanx; Zesty.ai; Munich Re; Sapiens; Bank of England

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

Everest Re estimates Q3 cat losses of $280m

The Bermudian re/insurer said losses are driven by hurricane Dorian and typhoon Faxai

Typhoon Hagibis devastates Japan

Local authorities have called the typhoon the worst storm to hit Japan in decades

Axis Capital predicts up to $175m Q3 nat cat hit

Hurricanes Dorian and Japanese typhoons were cited as the key loss drivers

CatIQ upgrades catastrophe platform

Additional visualisation tools have been added and extra data feeds

Typhoon Hagibis puts Rugby World Cup in a spin

The latest wind speeds from Hagibis are reported as 161 mph - equivalent to a Category 5 hurricane.

Typhoon Hagibis bears down on Japan

Rugby and Formula 1 events likely to be disrupted

Analysis

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

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