News

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

Hurricane Helene said likely to deliver $3-$5bn early blow: CoreLogic

The modeller had pegged a ‘a large contribution’ of storm damage concentrated in Georgia.   30 September 2024

Technology

Verisk takes digital e-trading platform to US E&S market

The US will join its network, which includes the UK, China, Spain, France, and Dubai.   7 October 2024

Insurance

Hurricane Helene insured losses to hit billions, economic losses ‘notably higher’

The storm’s catastrophic effects will unleash massive financial fallout across the Southeast US: Aon.   7 October 2024

Technology

Cyber insurance poised for ‘real growth’ in US and Europe: BI

Cyber insurer market demand may rise as new threats emerge.   7 October 2024

Insurance

Paratus supercharges renewables coverage with Guernsey regulatory approval

It says it is writing the ‘world’s first policy’ for renewable power price protection.   25 September 2024

Insurance

IQUW Holdings builds out Bermuda board former Guy Carpenter CEO

The executive served as Marsh McLennan’s vice chair and Willis Re CEO.   17 September 2024

Insurance

MGAs outperform the wider market on many casualty lines: BMS

Many MGSs are so focused they are better aware of claims trends occurring in their space.   8 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

Private flood insurers needed to solve NFIP challenges long-term

Market share growth among private flood insurers has stagnated: AM Best.   8 October 2024

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