Flood Insurance

Flood Modelling Company Gets Funding From Moody’s

Tech-focused investment bank ICON Corporate Finance has acted as exclusive financial adviser to Fathom, the world-leading global flood modelling business, on its strategic investment from US ratings giant Moody’s. The investment supports Fathom’s aim of […]

Emerging Risk

RMS Issues Hurricane & Storm Forecast

RMS has issued some details on its hurricane risk forcast for 2021, which is always interesting for global insurance brands; North Atlantic Hurricane The question on everyone’s mind is: How will the Atlantic basin follow […]

Global insurance trends

Willis Towers Publishes Report on Natural Catastrophes

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 […]

Opinion

Opinion: Perfect Storm Is Brewing For Insurers

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. […]

News

Hannover Re Financials: Steady Profits Despite Covid19

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 […]

Flood Insurance

RMS Releases Data on US Wildfire & Flood Risks

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 […]

Flood Insurance

Previsico Sets Up R&D Hub in Asia

‘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 […]