Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level...
natural catastrophes News
Allianz SE missed analyst estimates for fourth-quarter profit because of claims from natural catastrophes. Net income at Europe’s biggest insurer...
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according...
Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year...
Insurers paid out around $27 billion for natural disaster claims last year with weather causing 94 percent of incidents, underscoring...
Swiss Re’s latest sigma report preliminarily estimates that total economic losses from natural catastrophes and man-made disasters will reach approximately...
Eight Lloyd’s syndicates are joining forces to develop new solutions to help developing economies tackle underinsurance and improve their resilience...
Allianz SE, Europe’s biggest insurer, said third-quarter profit dropped 15 percent as earnings at its property and casualty and asset...
Bermuda-based Aspen Insurance Holdings Limited estimates its Aspen Re subsidiary lost approximately $50 million from the August 12 explosion in...
Willis Group Holdings is providing $1 million to help mobilize a global “Resilience Modelling and Mapping Forum” to address natural...