Flood Insurance

AXA XL Launches Coastal Flood Mapping Tool

At COP26, AXA XL launched the Coastal Risk Index (CRI), an innovative tool that maps current and future flood hazard resulting from climate change and integrates for the first time the protective benefits of coastal […]

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 […]