-
Carriers have received around 11,700 claims so far, with disruption to activity at the coal export hub of Newcastle. -
Investment bank partner Tom Deane said that reinsurers would remain crucial to the market and that the beginnings of rebuilding were underway that could reverse some current trends.
-
The models will be available in June initially for North Atlantic hurricane, Europe inland flood and Europe windstorm.
-
One swallow doesn't make a summer, but what do two retro "cashback" transactions portend for hurricane season?
-
The Insurance Council of Australia says carriers have already received 5,000 claims.
-
The organisers pledge to return to Monte Carlo in September 2022.
-
Core Specialty will retain some premium and risk on the underlying business before transferring defined natural catastrophe risks to the ILS manager.
-
Schools, state agencies and Covid-19 vaccination hubs were closed as a precaution.
-
Claims from winter storms have exceeded the carrier’s $80mn retention for its property XoL treaty.
-
The reinsurer accelerates its retreat as part of a new set of targets to achieve net-zero emissions by 2050.
-
A survey from the Bermuda Monetary Authority found almost 60% of P&C insurers have not changed their business strategy in response to climate change.
-
Brian Boornazian will take on the role of executive chairman, with Emil Issavi as CEO.
