Cat risk

  • Tower hones in on risk-based pricing and more parametric covers

    21 February 2024

    New Zealand group shifts strategy after large losses in 2023

  • Sumitomo Life surveys citizens about climate change impacts and preparedness

    21 February 2024

    Heat stress and more natural catastrophes worry Japanese the most

  • Japan's insurers pay JPY 20.5bn Noto Peninsular earthquake claims

    19 February 2024
  • QBE hikes natcat allowance for 2024, even though perils costs in 2023 fell

    16 February 2024

    CEO says he prefers a natural catastrophe budget QBE is less likely to overstep

  • IAG attributes A$49m cut in natcat allowance to government reinsurance

    16 February 2024

    Australian non-life group joined the Cyclone Reinsurance Pool from October

  • US P&C combined ratios tick up in 2023 on climate woes

    15 February 2024

    Insurers will continue increasing homeowner rates in 2024, Moody's says

  • Sompo plans corporate governance overhaul after Bigmotor fraud scandal

    15 February 2024

    Japanese group has spelled out its reform plans to investors

  • WTW upgrades US coral reef insurance programme

    14 February 2024
  • Tokio Marine expects JPY 4bn gross costs from Noto Peninsular earthquake

    14 February 2024

    Business improvement plan to be submitted by 29 January

  • MS&AD reveals its remedial measures after price fixing scandal

    14 February 2024

    Group's adjusted net income by Q3 has almost reached full-year predictions

  • Noto Peninsular earthquake likely to trigger $5.3bn insured losses, says Global Data

    13 February 2024

    AM Best flags possible reinsurance rate hikes in April renewals

  • AM Best flags further worsening in cost and availability for Californian property cover

    12 February 2024

    Using historic data for pricing increasingly "unwise" as new climatic paradigm emerges

  • North Carolina turns down 42.2% insurer rate hike request

    09 February 2024

    Rate demand excessive and unfairly discriminatory, says insurance commissioner

  • Laos improves parametric flood policy with Seadrif disaster facility

    09 February 2024
  • US insurers warned of massive losses on fossil fuel investments

    07 February 2024

    State regulators' report highlights the risks of delayed climate transition on portfolios