Latest Property-Catastrophe News
The brokerage business model is being reshaped by competition and new client needs. How are organisations responding?
Cat losses for the first quarter of the year are estimated to be nearly $700m.
Storms Dragi and Eberhard preliminary loss amounts total €740m.
Insurers in Asia benefit from friendly regulation and a tech focused culture.
Climate change will exacerbate the trend, Swiss Re warns.
Ogden rate uncertainty cited as a driver by Willis.
Populism and terrorism in Europe emphasise need to review insurance options.
Midwest floods are expected to cost insurers more than $1bn according to Aon.
Don't miss Ty Sagalow tell his story on the founding of the Lemonade app at our annual conference, followed by a book signing.
A major eruption of Mount Agnung in Indonesia could cause more than $70bn in economic losses, but insured losses are expected to be low.
Africa Re’s group managing director and CEO, Corneille Karekezi, gives his perspective on the outlook for the continent’s reinsurance markets.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.
Interview: Swiss Re’s Canada CEO believes consolidation among Canadian insurers will boost reinsurance demand as well as kick-start cat bonds. Insurers are also looking for reinsurance as a result of onerous new solvency requirements for BC earthquake.
In this month's Reactions