InsureTech

Avy’s Solar Powered Drone Could Benefit Insurers & Brokers

The first Dutch solar drone manufactured by Avy, performed a successful test flight at the end of this summer. The drone is equipped with custom solar foil developed by Wattlab to reflect and absorb more […]

Opinion

Insights: The Race Between Education and Catastrophe

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 […]

Global insurance trends

Losses From Hurricane Delta? Between $2bn-$3.5bn

RMS, the world’s leading catastrophe risk solutions company, estimates total onshore U.S. insured losses from Hurricane Delta to be between US$2.0 and US$3.5bn. The estimate includes losses to the National Flood Insurance Program (NFIP) of between […]

Emerging Risk

RMS Estimates Hurricane Sally Losses May Reach $3.5bn

 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) […]

Flood Insurance

Hurricane Laura Losses Likely to Be $13bn Max

 RMS, the world’s leading catastrophe risk solutions company, estimates that total onshore U.S. insured losses from Hurricane Laura will be between US$9.0 and US$13.0 billion. The estimate includes losses to the National Flood Insurance Program […]

Technology

Hurricane Isaias Costs Could Be $5bn, Says RMS

RMS, the world’s leading catastrophe risk solutions company, estimates that total insured losses from Hurricane Isaias will be between US$3.0 and US$5.0 billion. The estimate includes estimated losses to the National Flood Insurance Program (NFIP), which […]

Flood Insurance

RMS Estimates Hurricane Hanna Losses Will Be About $400m

RMS, the world’s leading catastrophe risk solutions company, estimates that the U.S. insurance losses from Hurricane Hanna will not exceed USD $400 million. This estimate represents insured losses associated with wind and storm surge, including […]