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Brokers, Capital Markets, Catastrophe, Earthquake, Europe, Flood, Losses, Results, Windstorm

Debt crisis set to dominate market's thinking

Despite one of the most expensive years on record for the re/insurance industry, one expert believes the debt crisis is now the biggest threat.

Capital Markets, Cat Bonds, Catastrophe, Earthquake, Europe, Windstorm

Amlin in cat bond placement

Amlin has announced that it has acquired coverage for US hurricane, US earthquake and European windstorm perils of up to US$150 million from Bermudian special purpose insurer, Tramline Re Limited, which in turn is placing a catastrophe bond for this amount into the capital markets.

Asia Pacific, Catastrophe, Claims, Earthquake, Flood, Losses, Windstorm

Record loss year points to low insurance levels warns Swiss Re

Last year was the most expensive in history in terms of economic losses but the level of payments faced by global underwriters had highlighted the need for greater insurance penetration.

Asia Pacific, Catastrophe, Earthquake, Flood, Losses, Windstorm

Record cat loss year says Swiss Re

This year will go down as the most expensive in history for economic losses due to catastrophes according to preliminary estimates from Swiss Re’s sigma team...

Asia Pacific, Catastrophe, Earthquake, Flood, Losses, Risk Management, Technology, Windstorm

New China crop model launched at SIRC

The industry's first Multiple Peril Crop Insurance Model for China was released today at the 11th Singapore International Reinsurance Conference...

Asia Pacific, Catastrophe, Losses, Risk Management, Technology, Windstorm

Growing populations face impacts of climate change

A new mapping study has revealed some of the world’s fastest growing populations are increasingly at risk from the impacts of climate related natural hazards and sea level rise...

Catastrophe, North America, Windstorm

Texas warned that climate change will increase storm risk

A study by a leading US university in conjunction with broker Willis has warned that the ongoing impact of climate change will very likely increase the frequency and severity of storm activity in Texas and surrounding areas in both the short medium and long term.

Asia Pacific, Catastrophe, Earthquake, Flood, Windstorm

All eyes on Asia as nat cat toll leaps in 2010

Swiss Re’s annual Sigma study into natural catastrophes has reported a significant rise in the economic and insured costs for major disasters in 2010. However there is a call for the booming emerging economies to direct greater amounts of funding to disaster mitigation and to drive the creation of insurance markets to meet the threat.

Asia Pacific, Catastrophe, Claims, Earthquake, Flood, Losses, Windstorm

Disasters Down Under

Insured losses from the Queensland floods and New Zealand earthquake combined will produce a number usually only seen in peak catastrophe zones. So is it time for re/insurers to re-evaluate their exposures Down Under? 

Broking, Cat Bonds, North America, Windstorm

Guy Carp say Florida renewals go in different directions

The Florida reinsurance renewals on June 1, 2011 experienced a wide range of outcomes, as substantial catastrophe losses combined with two major catastrophe model revisions over the past 16 months led to a volatile renewal season, according to Guy Carpenter & Company, LLC.

Bermuda, Brokers, Catastrophe, Windstorm

Guy Carp win risk fund placing deal

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has appointed Guy Carpenter as the facilities’ new placing broker.

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