Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk June 20, 2024 Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion)...
Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS June 14, 2024 Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
Insurers to Build Private Credit Exposure in Coming Years: Moody’s June 7, 2024 By Matt Tracy Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to...
Reserve Strengthening for Casualty Lines Not Over: Moody’s May 9, 2024 If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of...
Viewpoint: The 10 Major Risks Shaping Insurance Today May 8, 2024 By Robert Muir-Wood I readily admit that lists of top risks, top threats, and opportunities for insurance are well-trodden ground, and ranking risks...
Moody’s on Why 2023 Was So Warm and What Will Happen This Year March 22, 2024 By Don Jergler A Moody’s publication looks why it was so warm last year and the impacts the effects of global warming will...
Loan Deadline Looms for China Life Canary Wharf Tower March 20, 2024 By Jack Sidders and Lucca de Paoli China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave...
Study: Manmade Warming Increasing Drought in Western U.S. January 26, 2024 By Don Jergler Manmade warming has increased the prevalence and severity of concurrent drought and heat events, also termed hot droughts, across Western...
Pew: 7-in-10 Americans Favor Steps to Become Carbon Neutral by 2050 April 20, 2023 By Don Jergler Cannabis enthusiasts have the 4/20 holiday, but in two days some 7.9 billion people have cause to celebrate. Earth Day...
Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s September 15, 2022 By Susanne Sclafane With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct...