Former Atlantia Execs Face Trial over 2018’s Fatal Genoa Bridge Collapse: Sources June 25, 2021 By Emilio Parodi and Francesca Landini Italian prosecutors investigating the deadly collapse of a bridge in 2018 have asked for 59 people, including former Atlantia CEO...
Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$798M: PERILS December 27, 2019 The fourth and final insured property loss estimate for the hailstorms that hit the greater Sydney region in December 2018...
Atlantia CEO Resigns 13 Months After Fatal Genoa Bridge Collapse September 19, 2019 By Tommaso Ebhardt and Daniele Lepido Atlantia SpA Chief Executive Officer Giovanni Castellucci resigned as leader of the Benetton family infrastructure unit, 13 months after a...
Probe into Deadly Genoa Bridge Collapse Reveals Falsified Safety Reports: Police September 17, 2019 By Stefano Bernabei and Francesca Landini The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge...
Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$766M: PERILS June 20, 2019 Insured losses for the hailstorms, which hit the greater Sydney region on Dec. 20, 2018, have risen to A$766 million...
Insurance Industry Must Wake Up to Costs of ‘Secondary’ Catastrophe Perils: Swiss Re April 12, 2019 By L.S. Howard The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60...
Natural Disasters Drive £1 Billion (US$1.3 Billion) Loss at Lloyd’s During 2018 March 27, 2019 By L.S. Howard Lloyd’s of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major...
PERILS Lowers Loss Estimate for December 2018 Sydney Hailstorms to A$633M March 20, 2019 PERILS AG disclosed its second loss estimate of A$633 million (US$449.2 million) for the hailstorms which affected the greater Sydney...
Everest Re Estimates Q4 2018 Catastrophe Losses of $695 Million January 28, 2019 Everest Re Group, Ltd. expects to incur in the fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance,...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...