Global insurance trends

Bloomberg Sees Hurricane Claims Posing a Problem For Reinsurers

The latest from Bloomberg Intelligence FYI; Higher reinsurance-policy retention might afford Munich Re, Swiss Re and peers’ a shield, yet lowered prices don’t reflect the risk posed by high sea temperatures in the current hurricane […]

Opinion

5 Strategies for Insurers to Prepare for the 2024 Hurricane Season

This article is by Puneet Dikshit, Business Unit Head, Insurance at WNS. The tropical meteorology project team at Colorado State University forecasts 23 storms in North America in 2024, with 11 expected to intensify into […]

Global insurance trends

Renewals: CHL Updates Market on KPIs

A quick trading update from CHL; CHL, the ultimate parent company of Conduit Re, a pure-play Bermuda-based reinsurance business, provides a Trading Update in relation to the 1 January 2024 renewal season. Trevor Carvey, Chief […]

News

CMT Offers Insights into Distracted Driving Home For Christmas

Merry Christmas everyone and here’s some data which highlights how easy it is to drive distracted, then have an accident this time of year. Several factors at play here, beyond the CMT data research below. […]

Insurance claims

RMS Offers Hurricane Nicole Damage Estimates

 RMS®, a Moody’s Analytics company and a world-leading risk modeling and solutions company, estimates total private market U.S. insured losses from Hurricane Nicole to be less than US$2 billion, with the best estimate of US$1.6 billion. […]

Global insurance trends

US Market: Hurricane Season Could Be Costly

Reinsurers face a testing hurricane season this year, according to new analysis from Bloomberg Intelligence (BI). Though early indications suggest Hurricane Ida, which made landfall on August 29 – the 16th anniversary of Hurricane Katrina – […]

Insurance claims

RMS Hurricane Tracker Approved by Florida Commission

RMS, the world’s leading catastrophe risk modelling and solutions company, announced that Version 21.0 of the RMS North Atlantic Hurricane Models was approved by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) on June 1, […]

Global insurance trends

Losses From Hurricane Delta? Between $2bn-$3.5bn

RMS, the world’s leading catastrophe risk solutions company, estimates total onshore U.S. insured losses from Hurricane Delta to be between US$2.0 and US$3.5bn. The estimate includes losses to the National Flood Insurance Program (NFIP) of between […]