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 […]

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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 […]

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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 […]