News

Aon Catastrophe Report Notes Losses in Canada, USA, China & Elsewhere

Aon plc has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2020. Verdict? It’s been a turbulent June, […]

Insurance claims

How Much Did Storms Ciara & Dennis Cost the Insurance Industry?

Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £360 million according to initial estimates out today from the Association of British Insurers (ABI). Insurers made initial […]

Global insurance trends

India: AIR Worldwide Launches Crop Risk Modelling Software

Catastrophe risk modelling firm AIR Worldwide (AIR) today announced that it has released a Multiple Peril Crop Insurance (MPCI) Model for India to help support probabilistic assessments of potential losses caused by yield shortfalls for […]

News

CCRIF Makes $11m Initial Payment to Bahamas, Following Hurricane Dorian

CCRIF will pay The Bahamas approximately eleven million United States dollars (US$10,936,103) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the 700-island archipelago. The Bahamas has 3 tropical […]

News

AIG Europe Results Show Storm Damage Hit The Bottom Line

AIG Europe Limited (AEL) reported a 7% increase in Net Premiums Written for the year ended 30 November 2017, supported by underlying business growth as well as favourable currency movements. The high level of natural […]

Global insurance trends

2017 Proved a Tough Year for Reinsurance Market, Says Willis Re

With recent catastrophe loss estimates in the region of US$136 billion, 2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View […]