Insured losses from major natural catastrophes in 2020 reached roughly US$78 billion, the fourth largest total since 2011, and about 17% higher than the ten-year average of $66.5 billion. However, the total does not reflect […]
Catastrophe bond issuance in 2020 reached a record-high, as the market saw over $11 billion of pure property cat bonds issued for the first time, according to a new report from Artemis.bm. Adding to this issuance, […]
RMS, the world’s leading catastrophe risk modelling company, collaborated with Willis Re Securities and Securian Financial to launch the new La Vie Re Limited (Series 2020-1) mortality catastrophe bond providing US$100m of reinsurance protection for […]
RMS®, the world’s leading catastrophe risk solutions company, estimates total onshore U.S. insured losses from Hurricane Zeta to be between US$3 and US$5 bn. The estimate includes losses to the National Flood Insurance Program (NFIP) […]
The latest from Swiss Re, who are feeling optimistic despite tough trading conditions. Here’s the press info, we highlighted some sections just FYI; Swiss Re reported a Group net loss for the first nine months […]
Technology can now track natural and man-made catastrophes as they unfold, link to insurers’ policy portfolios and notify clients about the risks in advance. Forbes McKenzie, Founder of McKenzie Intelligence Services, scans the horizon for […]
RMS, the world’s leading catastrophe risk solutions company, estimates that total U.S. insured losses from Hurricane Sally will be between US$2.0 and US$3.5 billion. The estimate includes losses to the National Flood Insurance Program (NFIP) […]
Events like the Australian bush fires early in 2020 demonstrate how vital it is for insurers to have as much aerial photography, in real time, as possible when dealing with catastrophe claims. Equally, being able […]
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