Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 27, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate...
LA Fires Could Consume 30% of European Reinsurers’ Natural Disaster Budgets: Fitch January 24, 2025 By L.S. Howard The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s...
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims? January 16, 2025 By L.S. Howard There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash...
Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz January 15, 2025 By L.S. Howard Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk...
Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable January 10, 2025 By L.S. Howard Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses...
Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’ January 9, 2025 By L.S. Howard Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion...
Lloyd’s CEO Neal Appointed Aon CEO of Reinsurance, Chairman of Climate Solutions January 8, 2025 By L.S. Howard Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions,...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 7, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted...
Top International Insurance Journal Stories of 2024 December 30, 2024 By L.S. Howard The top 10 most well-read international stories for 2024 covered a diverse range of topics, including nuclear verdicts, Taylor Swift’s...
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re December 6, 2024 By L.S. Howard Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive...