News

Zurich Launches Climate Change Resilience Services

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. […]

Flood Insurance

Storms Ahead? Be Ready For Flash Floods, Says Ecclesiastical

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 […]

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 […]