Insured losses from major natural catastrophes in 2020 reached roughly US$78 billion, the fourth largest total since 2011, and about 17% higher than the ten-year average of $66.5 billion. However, the total does not reflect […]
Martyn Mathews, Sr Director, Personal Lines, LexisNexis Risk Solutions takes a look at the challenges ahead for the UK insurance sector. Signs suggest a ‘perfect storm’ could be on the way for the insurance sector. […]
Hannover Re expects Group net income of more than EUR 800 million for the 2020 financial year. The company increased its reserves for Covid-19-related losses in property and casualty reinsurance by EUR 100 million to […]
RMS has released significant updates to its U.S. Wildfire HD and U.S. Inland Flood HD Models, part of the High Definition (HD) Model suite on RMS Risk Modeler™ powered by RMS Risk Intelligence™. Flood and […]
‘Hot 100’ InsurTech Previsico, which provides real-time, street-level surface water flood forecasts to save lives and livelihoods globally, today announced it will be targeting the Asia market next. Backed by a grant from Hong Kong […]
Usgs.gov data has recently highlighted that the increase in global temperatures will impact the intensity of storms and the possibility of more droughts in the future. With this in mind, home insurance experts Swinton Insurance have […]
Zurich Insurance Group has announced the launch of its Climate Change Resilience Services to help businesses better prepare for current and future risks associated with climate change, or The Artist Formerly Known As The Weather. […]
With heavy rain expected to hit the country this weekend, specialist insurer, Ecclesiastical is advising people to prepare for flash flooding. Following a lengthy spell of hot weather, thunderstorms have swept across the UK causing […]
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