The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows August 19, 2024 By Greg Ritchie and Gautam Naik A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be...
Wildfire Near Athens Burns Area Nearly Twice the Size of Manhattan August 16, 2024 A European Union satellite mapping agency says 104 square kilometers (40 square miles) of land was burned northeast of Athens...
The Shaky Ground Below Istanbul Is Getting People Worried August 16, 2024 By Ugur Yilmaz When Turkish lender Denizbank paid more than $350 million for the building that houses its headquarters in April, the purchase...
Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda August 16, 2024 By Will Wade Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with...
Hard Reinsurance Prices Likely to Last Longer Than in Previous Market Cycles: Report August 15, 2024 By L.S. Howard Hard reinsurance pricing conditions are likely to last longer than in previous market cycles mainly due to persistently high claims...
Update: Severe Typhoon Skims Japan, Disrupting Flight, Train Services August 15, 2024 By Supriya Singh Typhoon Ampil grazed Japan’s main island of Honshu on Friday, prompting cancellations of flights and trains in the middle of...
Hurricane Ernesto Threatens Bermuda, Leaves Puerto Rico in Dark August 15, 2024 By Michelle Ma and Josh Saul Hurricane Ernesto took aim at Bermuda as almost half of Puerto Rico remained without power in the storm’s wake, the...
Floods Threaten Europe as Searing Heat Gives Way to Storms August 14, 2024 By Eamon Akil Farhat and Paul Tugwell Extreme heat in parts of Spain and France is giving way to storms and flood warnings, while Greece is bracing...
Athens Braces for Wildfire Flare-Ups as High Winds Return August 13, 2024 By Paul Tugwell Greek firefighters are working to bring the remnants of a huge wildfire near Athens under control, after wind speeds picked...
Australian Pensions Industry Boosts Investments in Natural Catastrophe Reinsurance August 12, 2024 By Amy Bainbridge The risks from the growing number of natural disasters offer Australia’s largest pension funds a chance to boost returns. Colonial...