News

Insurance

Insured losses from Helene pegged at up to $17.5bn: CoreLogic

Total estimated damages from the hurricane could reach $47.5bn.   7 October 2024

Reinsurance

Renewals set for different dynamics in property and casualty: Hartwig

Themes of a session titled ‘Current trends in reinsurance’ at the APCIA conference.   7 October 2024

Insurance

The drivers behind SCS losses are complex: Swiss Re

Global insured losses from SCS accumulated to $64 billion, 50% of all nat cat losses.   7 October 2024

Insurance

ILS benefits from better discipline: Fermat Capital

The market’s correction was a much needed and healthy development for the market.   7 October 2024

Insurance

Seeking one-handed meteorologists: industry grapples with complex storm season

The 2024 Atlantic hurricane season has been full of surprises and contradictions so far.   7 October 2024

Insurance

Litigation finance not the main driver of social inflation: Burford Capital

Lawsuit finance has less impact on social inflation than insurers would like to think.   7 October 2024

Insurance

Florida’s property-catastrophe insurers face fresh challenges post-Helene

The homeowners insurance market in Florida is likely to be further strained.   7 October 2024

Reinsurance

Cyber cat ILS to remain a novelty for now: Fitch

Cyber cat ILS has many hurdles to overcome to see true growth, Fitch says.   7 October 2024

Insurance

One-third of global population vulnerable to flooding: Moody’s

Rising frequency and severity of floods due to climate change, urbanisation, land use.   7 October 2024

Insurance

Wildfire risk remains an industry worry despite lower losses in 2023

North America experienced at least one +$1 billion wildfire loss in eight of 10 years.   7 October 2024

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