April 14, 2022
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 …
October 16, 2019
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 …
October 16, 2019
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 …
November 29, 2016
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 …
December 12, 2013
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 …