Most global reinsurers have been able to maintain underwriting discipline despite the ongoing soft market, but there is a danger...
natural catastrophes News
Zurich Insurance Group AG said second-quarter profit fell 12 percent on higher restructuring charges and claims from natural catastrophes as...
Ports in Japan, China and the U.S. face the greatest financial risk from natural disasters because of their vulnerable locations...
China’s seasonal “Mei-Yu” rainfall in July led to the worst flooding since 1998, bringing total combined economic losses of an...
Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion...
Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the...
The world’s insurers, banks and pension funds are “inherently susceptible” to threats from climate change and must make adjustments, from...
Major floods across the globe during June – topped by events in China and the U.S. – are expected to...
Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in...
German insurer Allianz expects the technology underpinning virtual currency bitcoin to encourage trading in catastrophe bonds, which transfer the risk...