Europe’s Wildfire Season Exposes Climate Insurance Protection Gap August 4, 2026 By Jemima Denham, Elizabeth Howcroft and Michael Jones Domestic insurers are expected to absorb most of the losses from Europe’s worst wildfire season in recent history, but the...
Iran War Could Raise Exposures for Global Terrorism, Political Violence Underwriters March 18, 2026 By L.S. Howard The Iran war is likely to raise uncertainty in the global terrorism and political violence insurance markets, particularly in the...
Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report June 26, 2025 Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities...
North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits March 13, 2025 By L.S. Howard The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea...
Spain’s Record-Breaking Floods Push Insured Losses Above €4 Billion ($4.2 Billion) November 18, 2024 Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating...
Valencia Asks for €31 Billion Rescue Package After Deadly Floods in Spain November 5, 2024 By Macarena Munoz The region of Valencia is asking Spain’s central government for rescue funds to help with rebuilding after floods last week...
Spain’s Floods to Cost Insurers More Than €1 Billion: Morningstar DBRS November 4, 2024 Southern Spain’s devastating floods are expected to cost insurers well above €1 billion ($1.1 billion), given the significant damage to...
Flooding in Central Europe Could Cause Billions in Economic Losses, Analysts Say September 17, 2024 The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions, early estimates...
Property Insurers’ Ratings Under Pressure as Risk Rises, Morningstar Says July 12, 2023 The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back...
Cyber Insurance: A Growth Market for Insurers With Some Caveats May 31, 2023 As demand for cyber insurance continues to grow, insurers must remain vigilant in managing the changing risk associated with the...