Insurance claims

Moody’s RMS Puts Storm Ciaran Losses in Persepctive

Latest estimate on losses arising from Storm Ciaran; Moody’s RMS®, the leading risk modeling and solutions company, estimates that insured losses from Windstorm Ciarán, also known as Emir, will likely fall between 0.9 billion Euro […]

Insurance claims

Verisk Estimates Storm Ciaran Claims Bill Could Top £1.2bn

The extreme event solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University […]

UK Insurance Trends

Academic Suggests Making Ransomware Payments Illegal

Professor Ciaran Martin told the The Guardian last week that he feels ransomware is `close to getting out of control,’ and that UK insurers are inadvertently funding organised crime by paying out on ransomware claims. […]