There’s been a lot of ringing in on newly proposed rules from the Securities and Exchange Commission mandating that all publicly traded U.S. companies disclose their annual greenhouse-gas emissions and the climate risks their businesses face. SEC Chair Gary Gensler …
RenaissanceRe Holdings Ltd. announced it estimates losses from third quarter 2019 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2019 results. The estimated losses include Typhoon Faxai and Hurricane Dorian, which …
Everest Re Group Ltd. announced a preliminary pre-tax catastrophe loss estimate for the third quarter of 2019 in the amount of $280 million. This amount is net of reinsurance recoveries and reinstatement premiums, said Everest Re, noting that net of …
The Northeastern coast of the U.S. could be struck by more frequent and powerful hurricanes in the future due to shifting weather patterns, according to new research presented in a study led by Durham University in the U.K. This is …
Funds specializing in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss. At Leadenhall Capital Partners in London, assets under management have doubled to …
