-
The Italian hailstorm event in the summer 2023 saw estimated losses nearly triple.
-
The firm now predicts six major hurricanes and 24 tropical storms.
-
Forecasters have warned that a number of meteorological factors could make this year the most active on record.
-
Most years since 2014 have seen at least one named storm before 1 June.
-
The outlook calls for an 85% chance of an above-normal season.
-
Overall economic losses hit $45bn in the first quarter of 2024.
-
Various trends may work together to hold the cat markets up for longer than some had feared.
-
Panellists at the Insurance Insider ILS conference say forecasts can push capital to “the edges” of the market.
-
Researchers expect 15-20 named storms to form in the Atlantic Basin.
-
Sums insured for European windstorm increased by 10.1% due to inflation.
-
Tropical Storm Risk (TSR) has updated its forecast for North Atlantic hurricane activity, predicting a "hyper-active season" in 2024, with activity being around 70% above the 1991-2020 climate norm.
-
Sabine Re marks Allied Trust’s entry to the market.