There were plenty of named storms and flooding across the globe in 2024. Munich Re looks back at the estimated insured losses; Worldwide, natural disasters caused losses of US$ 320bn in 2024 (2023, adjusted for […]
Some info from Conduit, as they post a trading update; CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, today presents its trading update for the nine months ended 30 September […]
The latest from PCRIC, who have been working hard on reinsurance cover for Cat events in the Pacific region. The Pacific Catastrophe Risk Insurance Company (PCRIC), in collaboration with WTW(NASDAQ: WTW), a leading global advisory, […]
SCOR has successfully sponsored a new catastrophe bond (“cat bond”), Atlas Capital DAC Series 2023-1, which will provide the Group with multi-year risk transfer capacity of USD 75 million to protect itself against named storms […]
Moody’s RMS™, the global catastrophe risk modeling and solutions company, is integrating Nasdaq’s (Nasdaq: NDAQ) Risk Modelling for Catastrophes (NRMC) service into its Intelligent Risk Platform™. Risk is increasingly complex and connected, and requires the […]
With Hurricane Ian in Florida, record breaking losses from hailstorms in France, floods in Australia and South Africa, winter storms in Europe and the US as well as droughts in Europe, China and the Americas, […]
Latest Cat Bond news from the US newswires; SageSure, a leading provider of catastrophe-exposed property insurance, and SureChoice Underwriters Reciprocal Exchange (“SURE”), a policyholder-owned coastal insurer, have successfully closed a $355 million Rule 144A catastrophe bond, […]
Latest from Aon, who note that the cost of repairing infrastructure after Cat events continues to increase, so even if the frequency, or severity, remains the same. In short, the asset value affected by a […]
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