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Cat risk Catastrophe Bonds, Hurricanes, Earthquakes, Floods, Sidecars/ILW
News
Insurers issue cool response to modelling for Australia's A$10bn public reinsurer
Low-risk properties could end up paying more
Miami could face $100bn insured losses from hurricane hit
CoreLogic's Tom Larsen said insurers are demanding information on precise numbers of homes at risk
ICEYE launches flood analytics platform for insurers
The nat cat data provider said the tool will support insurers with rapid decision-making
Australian insurers' rebuild costs rocket 12% in a month
Industry still repairing flood-hit areas from February/March
French insurers hit for over €1bn in claims after May and June storms
France Assureurs said the country's insurers are "fully mobilised" to support the claims
Verisk: insurers must focus on inflation during hurricane season
The US data analytics provider said an increase in cost of materials and labour contributed to unusual market pricing in 2021
German insurers' spare capacity for extreme weather risk could cover almost all properties
But Signal Iduna says only half of German homeowners buying "elemental cover" since Bernd
GDV issues fresh call for post-Bernd natcat mitigation
German homes have been rebuilt on flood-risk sites since last summer's disaster
CBIRC gives insurers one year to implement green guidelines
Insurers should rewrite contracts to encourage ESG improvements among customers, rules say
Australian Q1 flood costs hit A$4.3bn
IAG's Mark Leplastrier warns climate change's effects are "impacting communities now"
No quick fix to Florida insurance crisis, says APCIA
Industry body praises reforms passed last week but warns the state's insurers still face threats
Analysis
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
Connecting catastrophe with climate
Christopher Cundy talks to Nick Hassam and Thomas Loridan, the founders of Reask, on how their physics-driven catastrophe models are enabling insurers to better understand climate risk
IPCC report should inspire insurers to create biodiversity protection products
The UN body has warned of biodiversity hotspots that need coverage and the need for more focus on adaptation measures in its latest assessment of climate change. Paul Walsh reports
Germany's insurers ready for the green light
Trade association GDV has detailed plans for national-level reforms in 2022, and is hoping progress will not be stalled by the newly formed coalition government. David Walker reports