Global insurance trends

Cat Events Causing Insurers More Losses, As Asset Values Rise

Did you know that the Italian army found themselves stuck in a quagmire at Derna, Libya, back in 1911 when floods washed down the wadi? Or that much of Washington DC near the White House […]

News

Verisk Looks at Japanese Earthquake Impact

Some background info and analysis on the recent earthquake event in Japan, from Verisk; The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured […]

News

Allianz Pledges Six Million Euros In Aid For Turkey & Syria

Allianz Group announced yesterday that it would make available six million euros to support relief and recovery efforts following the earthquakes in Turkey and Syria, including up to one million euros to match the donations […]

Global insurance trends

Analysis: GlobalData Looks at Turkey Earthquake Impact

image source; https://en.wikipedia.org/wiki/File:2023_Turkey_Earthquake_Damage.jpg Following the news that the series of earthquakes which struck Türkiye on 6 February was among the strongest in the last 100 years and have caused a massive death toll, and damaged […]

Insurance claims

Commercial/Property: Generali Enhance Mapping Expertise

Generali Global Corporate & Commercial and NHAZCA, a spin-off from the Sapienza University in Rome, announce a strategic partnership. Generali’s P&C Business Unit Global Corporate & Commercial (GC&C) enhances its existing capabilities in underwriting, risk […]

Insurance & Reinsurance

Reinsurance: Willis Towers Says Catastrophe Costs Down 18% in 2019

Insured losses from major natural catastrophes in 2019 totalled roughly $53.0 billion, about 18% lower than the annual average since 2011. This continues a relative period of calm compared to 2017, when the total loss […]

Insurance & Reinsurance

Reinsurance: Willis Towers Watson Takes Position on Catastrophe Cover in Italy

Willis Towers Watson Securities, the securities arm of Willis Re, acted as Lead Structuring Agent and Sole Bookrunner on a €45 million catastrophe bond for UnipolSai Assicurazioni S.p.A (“UnipolSai”), the multi-business insurance company of the […]