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

News

Travelers warns of $114m Q2 Covid-19 losses

Insurer also expects $400m subrogation wildfire-linked recoveries in Q3

Arch's Covid-19 losses double in Q2

Civil unrest is also set to cost Bermudian re/insurer up to $45m

CNA chooses AIR as its primary cat risk management platform

US commercial P&C insurer switches from rival vendor

WR Berkley forecasts $145m of Q2 cat losses

Covid-19, civil unrest and severe weather in the US drove losses

Australian insurers' bushfire bill hits A$2.3bn

Fire was large part of A$5.3bn natcat insured damage last summer

California launches database to spur green insurance products

Commissioner Ricardo Lara encourages regulators to speak to consumers on green products

Kovrr develops catastrophic cyber risk monitoring tool

CRA-Zones was developed by the Israeli firm during its participation in the Lloyd's Lab

Major storms drive 10-fold rise in claims for Flood Re

Flood Re has also highlighted the global challenge of climate change

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Analysis

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

Engagement, knowledge and automation: the keys to sustainable underwriting

Re/insurers shared tips on setting up frameworks for incorporating environmental, social and governance risks in underwriting at this week's UNEP PSI webinar. Cintia Cheong reports

Guiding Axa through Covid-19

Axa's group chief risk officer Renaud Guidée discusses pandemic insurance pools and Covid-19 business interruption cover with Ronan McCaughey - and argues no other industry has gone so far as insurance to help customers during the crisis

Australia's insurers get grilled after the country burns

A parliamentary committee took Australia's insurers to task after a torrid season of bushfires, Covid-19 and scathing criticism of their conduct and governance. David Walker reports

Cat modelling awakens to climate change risk

Responsibility for understanding the implications of climate change for insurers has largely fallen on the shoulders of the catastrophe modelling community. They are responding with a more dynamic and multi-faceted view, as Paul Walsh reports