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

News

The 2022 Atlantic hurricane season: average activity but a hefty price tag

Insurers should expect more severe hurricanes, according to cat risk modellers

Fitch warns of deteriorating outlook for French P&C sector

Climate change is expected to cause more severe and frequent losses in 2023

Special supplement on Climate Strategy and Modelling - free download

InsuranceERM and FIS report on the journey to net-zero, scenario testing, TCFD reporting and climate modelling

IAG calls for greater climate mitigation investment after Australia's ominous report

Australia is set to face worsening extreme weather events

NAIC launches scathing attack on FIO's climate data call

Letter to Treasury lays bare conflicts in state and Federal climate insurance regulation

CCR urges French insurers to improve agricultural risk modelling

Significant reforms to country's public natcat reinsurance occurred during 2022

Swiss Re urges insurers to re-evaluate hailstorm risk

The reinsurer says hail damage in France this year set new benchmarks

RMS estimates sub-$2bn insured loss from hurricane Nicole

Cat modeller's best estimate for private market losses is $1.6bn

NFIP suffered biggest ever flood loss from hurricane Ian

Private flood insurance market rose 42% in 2021, AM Best finds

Climate hazard insurance tool launched at COP27

The tool aims to close data gaps so climate change can be better understood globally

Global insurers call for societal shift in climate battle at COP27

Insurers can function as lookouts, alerting others to increasing risk, says GFIA

Analysis

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

RVS Monte Carlo 2022: reinsurers gather amid turbulent backdrop

After a two-year absence, the annual Rendez-Vous de Septembre (RVS) returns to the glitzy surroundings of Monte Carlo during an eventful period for the reinsurance sector. Paul Walsh previews some key talking points

Legal abuse and fraud, not natcats, threaten stability of US property insurers

North American re/insurers have warned of a catastrophe that could bankrupt the insurance industry - and it's nothing to do with hurricanes or earthquakes, as Josh Geer reports

Hanfa's Ilijana Jeleč: Croatian insurers face a challenging year

Ahead of hosting the IAIS Global Seminar this week, Croatia's insurance regulator Ilijana Jeleč talks Sarfraz Thind about developing the market in this land of a thousand islands

Hot property! Australia faces up to un-insurability threat

Record costs of recurring natural catastrophes risk turning property re/insurance in Australia into a niche product for low-risk homes, finds David Walker

A new standard for liability risk data

Open data standards for risk modelling are helping improve the efficiency and value of risk management in the insurance sector, Today, a new standard for liability risks is being launched, as Dickie Whitaker explains