Global insurance trends

Moody’s Hurricane Season Forecast 2023

The 2023 North Atlantic hurricane season officially gets underway on Thursday, June 1, and runs for six months through to Thursday, November 30. Ahead of the start of the season, Moody’s RMS offers some pointers […]

Insurance claims

RMS Offers Hurricane Nicole Damage Estimates

 RMS®, a Moody’s Analytics company and a world-leading risk modeling and solutions company, estimates total private market U.S. insured losses from Hurricane Nicole to be less than US$2 billion, with the best estimate of US$1.6 billion. […]

News

Aerial Mapping; Tracking Hurricane Ian’s Aftermath

In partnership with McKenzie Intelligence Services (MIS), a leading provider of intelligence data to re-insurers, Fugro, the world’s leading Geo-data specialist, has completed a rapid response mapping project in southwest Florida following Hurricane Ian’s destruction […]

Emerging Risk

US Research Into Hurricane Causation & Tracking

Aeolus Capital Management Ltd. (“Aeolus“) and the State University of New York (“SUNY”) at Albany Department of Atmospheric and Environmental Sciences have announced the launch of a research collaboration. The hurricane-focused study, led by Dr. Pete Dailey, Head of Research at Aeolus and a renowned expert in climate catastrophe […]

Opinion

Predicting Weather and Managing Climate Risk

Some thoughts on insuring natural catastophe and weather events, by Stephen Bennett from Demex Group; Unprecedented flooding in Yellowstone National Park recently left substantial damage to roads and park infrastructure. It has been estimated that […]

Insurance Brokers

Aura Parametric Can Rok The Caribbean

Aura Underwriting, part of Rokstone, the Aventum Group’s Global Specialty (Re)insurance MGA, has today announced the launch of Aura Parametric, a new Caribbean parametric product to complement its existing Lloyds Caribbean binder.  The product provides reinsurance for hurricanes that […]

Global insurance trends

Ahoy There US Boaters, There’s a New Policy on The Dock

Ahoy!®, the new digital insurance MGA for recreational boating, has launched its unique technology-driven insurance product for the boating industry. Built by boaters for boaters, Ahoy! combines its proactive, risk-reducing technology, with its founders’ deep […]