Current status As of the 15:00 UTC NHC advisory, Dorian is 90 miles east-northeast of Daytona Beach, Florida with maximum sustained winds of 105 mph (Category 2) Possible impacts in the U.S. Although the center […]
The costs of Hurricane Dorian could be $25 billion according to UBS, and the storm still hasn’t made landfall on the US mainland. Dorian, which is the second-strongest Atlantic storm on record, (see graphic above […]
As Hurricane Dorian tracks steadily towards the USA, it’s useful to know that the LMG have launched a 24/7 events monitoring service via smartphone app, which will be of interest to underwriters, MGAs and brokers. […]
Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re, the reinsurance division of […]
Jonathan Guard, Director, Commercial Markets, LexisNexis Risk Solutions, UK and Ireland looks at how data crunching can underpin more detailed, richer and ultimately more cost-effective risk analysis within the insurance sector. Extreme weather can cause […]
An estimated $163 billion of assets are underinsured in the world today, leaving an exposure gap that poses a significant threat to livelihoods and global prosperity, according to new research from Lloyd’s and the Centre […]
Etherisc, the global, decentralized insurance platform for collectively building insurance products, has today announced its support for the first blockchain-enabled insurance product to combat catastrophic weather events in Puerto Rico. The hurricane insurance policy on […]
Willis Towers Watson today launched its Energy Market Review for 2018, stating that the downstream energy sector suffered its worst loss record for nearly ten years. However, despite this and the impact of 2017’s Gulf […]
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