Severe Storms (Mostly in US) Account for 70% of Global Insured Natural Disaster Losses August 8, 2024 By L.S. Howard Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year...
Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re June 29, 2016 By L.S. Howard Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in...
Swiss Re 2015 Economic Cat Loss Initial Estimates = $85Bn; $32Bn Insured December 18, 2015 Swiss Re’s latest sigma report preliminarily estimates that total economic losses from natural catastrophes and man-made disasters will reach approximately...
Weather-Related Disasters Occurred Almost Daily in Past Decade: U.N. Report November 24, 2015 By Tom Miles Weather related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often...
Brazil Mining Disaster to Lead to Stricter Insurance Standards, Oversight November 20, 2015 By Anna Edgerton Brazil’s worst mining accident will lead to stricter insurance standards under a revised version of an industry bill first introduced...
Mine Disasters Show Real Cost of Using Cheap Solutions for Waste Storage November 18, 2015 By Danielle Bochove As miners globally review the way they store waste in the wake of another horrific dam spill, the solution may...
Tianjin Port Explosions to Cost Industry at Least $2 Billion: Insurer Filings November 18, 2015 By Sarah Jones Insurer Talanx AG’s $122 million loss from port explosions at Tianjin, one of China’s worst industrial disasters, takes the net...
2014 Insured Cat Losses below Average at $35 Bn: Swiss Re Sigma Report March 25, 2015 Swiss Re has just released its sigma report on catastrophe losses for 2014, which confirms that total global economic losses...
Swiss Re sigma 2014 Disaster Insured Loss Estimates = $34 Billion December 17, 2014 According to Swiss Re’s preliminary sigma estimates, total economic losses from natural catastrophes and man-made disasters were $113 billion in...
Swiss Re sigma Report Estimates 1st Half 2014 Insured Losses at $21 Billion August 27, 2014 According to preliminary estimates in a sigma report from Swiss Re, total economic losses from natural catastrophes and man-made disasters...