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

News

February UK flood insured losses near £300m

Parts of northern England and Wales were the worst affected areas

Australian east coast low losses near $500m

New South Wales and Queensland were the most impacted areas

Insurers face €286m losses from storm Dennis

Perils said the majority of losses would occur in the UK, Germany and Belgium

Covid-19 crisis shows "beauty" of state-based regulations, says Consedine

NAIC chief executive hails state response to pandemic

UK MPs scrutinise insurers' response to Covid-19

The Treasury Committee writes to the ABI's Huw Evans

Ciara/Sabine insured losses to total €1.5bn

Germany will face the majority of the losses, says Perils

Aspen's turnaround continues to take toll on profits

Bermudian insurer appoints CFO to replace Scott Kirk

Climate change top risk for US insurers

Pandemic ranked only seventh, according to AM Best

Perils to include Australian motor in coverage expansion

The expansion is part of an industry exposure update to be released in April

Nat cat models have 'limited value' for cyber risk modellers

Cyber risk modellers urged to be selective in applying lessons learned from natural catastrophes

Analysis

Modelling the virus

The spread of Covid-19 has not come as a surprise to everyone. Analytics firms are looking at the thousands of situations to model pandemics every day. However, it seems insurers are not quite up to scratch. Sarfraz Thind reports

Australian life insurers arm up on the frontline of climate change

Climate change is not just a worry for property and casualty insurers. In Australia, whose recent natural disasters are widely seen as harbingers of global warming, life and health firms recognise complacency is no option. David Walker reports

Australia and reinsurance: continuing the affair

Australia's insurers make extensive use of reinsurance and reinsurers like to take on the risk - and the relationship looks set to survive the recent catastrophes that have beset the country, as David Walker reports

Making scenario planning meaningful, effective and manageable

An expert panel at InsuranceERM's Regulation & Risk Management conference on 3 December in London shared their advice on stress and scenario planning, an activity that has become increasingly important for risk teams as they play a greater role in business strategy

Zurich's Eugenie Molyneux: diversity is key for today's CROs

Eugenie Molyneux, chief risk officer for commercial insurance at Zurich, tells Cintia Cheong about the firm's approach to climate change and why diversity is important for the modern risk manager.

Eiopa's Gabriel Bernardino: climate disclosures will become mandatory

Gabriel Bernardino, chair of the European Insurance and Occupational Pensions Authority (Eiopa) joined InsuranceERM's Insurance Risk and Capital EMEA conference earlier this month. In a Q&A with Christopher Cundy, he answered questions about climate change, the Solvency II review and conduct risk