Scor sees €140m hit from Thai floods

Loss entirely from manufacturing and supply chains


Guy Carpenter hires new ERM head

Andrew Cox will take on role next year


Reducing uncertainty with multiple catastrophe models

A Guy Carpenter report outlines three strategies for using multiple models in managing catastrophe risk. Not only can these strategies reduce some sources of uncertainty; they can help smooth out the impact of individual model changes


Understanding loss creep

Many re/insurance companies have increased their original loss estimates for this year's catastrophes in Japan and New Zealand - some dramatically. Helen Yates looks at the difficulties of gauging the size of earthquake claims and asks how damaging "loss creep" can be.


ABI issues guide to best practice for cat models under SII

Collaboration between association and 19 firms


Third quarter one of most active for cat bonds

Interest remains strong, says Guy Carpenter


French floods could cause €800m loss

Widespread flooding in France and Italy


Insurers exposed to $5bn loss from Thailand floods

Estimate is $4.6bn so far, says to Aon Benfield


Asia Pacific accounts for majority of insured catastrophe losses

Guy Carpenter sees increased demand for catastrophe reinsurance in the region


Thailand flood claims reach $3.3bn

Worst flooding in 50 years is expected to impact re/insurers