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 thoughts from IFoA; The global economy could face a 50% loss in GDP between 2070 and 2090 unless immediate policy action on risks posed by the climate crisis is taken, warns a new report […]
The word from Moody’s after Hurricane Debby; Moody’s RMS Event Response estimates U.S. private market insured losses from Hurricane Debby will not exceed US$1.5 billion. This estimate represents insured losses associated with wind, storm surge, and […]
The latest country report from GlobalData. It will be interesting to see what happens in the Russian insurance sector once the conflict in Ukraine is resolved; The Russian general insurance industry is set to grow […]
The latest from GlobalData, who don’t see the Baltimore bridge incident as having a significant impact for insurers; The Francis Scott Key Bridge collapse with the crash of container vessel Dali on March 26, 2024, […]
Moody’s Investors Service’s insurance team has published a brief report on estimated P&C losses from the Maui wildfires. Here are some extracts; As of 11 August, several wildfires had caused a tragic loss of life […]
image source; https://en.wikipedia.org/wiki/File:2023_Turkey_Earthquake_Damage.jpg Following the news that the series of earthquakes which struck Türkiye on 6 February was among the strongest in the last 100 years and have caused a massive death toll, and damaged […]
Hurricane Ian is one of the most severe tropical cyclones recorded to make landfall in Florida. In addition to loss of life, the economic loss is likely to rise above the previous Florida record of […]
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