Insurance Brokers

Broker: The Creeping Tide of IHT Means More People Will Need to Plan Ahead

This is one for smaller brokers and advisers who specialise in HNW clients. The process of inflation and freezing of thresholds means that more people will fall into the IHT tax trap in the future. […]

News

Parametrix Estimates AWS Outage Costs

Parametrix, the leading provider of cloud monitoring, modeling, and insurance services, has estimated the financial loss to US companies arising from the disruption to Amazon Web Service’s (AWS) us-east-1 cloud service region on October 20 […]

Global insurance trends

$2.1 Trillion of Assets at Risk From Wildfires, Says ZestyAI

Some data from ZestyAI on wildfire risks in the USA, which are substantial, even for the biggest insurers in the game; A staggering $2.15 trillion worth of U.S. residential property is at high risk of wildfire damage, […]

Insurance claims

Moodys Estimates Recent Central Europe Flood Losses

 Moody’s RMS Event Response estimates that insured losses from the flooding in central Europe between Wednesday, September 11, and Thursday, September 19 will likely fall within the range of €2.5 billion to €3.5 billion (US$2.8 to US$3.9 billion). […]

Global insurance trends

Moody’s Estimates Hurricane Francine Losses to Be Around $2bn

The latest from Moody’s as they estimate the losses caused by Hurricane Francine;  Moody’s RMS Event Response estimates U.S. private market insured losses from Hurricane Francine will likely not exceed US$2 billion. This estimate represents onshore […]

News

DBRS Morningstar Estimates Insurers Can Absorb Dali & Bridge Losses

The collapse of the Francis Scott Key Bridge and the subsequent blockage of the Port of Baltimore will trigger a large number of insurance policies, including marine liability and hull, property, cargo, and business interruption. […]

Insurance claims

Moody’s RMS Estimates Hurricane Otis Bill Could Hit $4.5bn

Moody’s RMS takes a look at the impact of Hurricane Otis, which affected Mexico recently, yet received very little mainstream media coverageMoody’s RMS®, the leading risk modeling and solutions company, estimates private market insured losses […]

News

Moody’s Estimates Potential $6bn Losses From Maui Fires

The wildfires on Maui have been devastating for many people, with lives lost and property destroyed. That said, many of the HNW individuals who own expensive homes there seem to have escaped unscathed. Here’s the […]