Hedge Funds Move Into Catastrophe Reinsurance October 29, 2014 By Carolyn Cohn Hedge funds are muscling their way into the market to share the cost of cleaning up after natural catastrophes, but...
Swiss Re sigma Report Estimates 1st Half 2014 Insured Losses at $21 Billion August 27, 2014 According to preliminary estimates in a sigma report from Swiss Re, total economic losses from natural catastrophes and man-made disasters...
Oklahoma Bills Would Limit Liability of Shelters During Storms March 31, 2014 A pair of Oklahoma legislators says businesses, schools and churches that open their doors to passers-by during violent weather should...
National Tornado Summit Focused on Catastrophe Preparedness, Response February 5, 2014 The third annual National Tornado Summit being held Feb. 10 and 11 in Oklahoma City will bring together insurance industry...
N.J. Group Urges Gov’t to Establish Extreme Weather Superfund for Future Disasters October 9, 2013 A New Jersey-based nonprofit group is calling on the federal government to establish a permanent funding source to prepare for...
Munich Re Study Sees Asia Pacific Dominating Insurance Growth by 2020 March 20, 2013 “Asia-Pacific will be the dominant driver of world insurance growth by 2020,” according to a study published by Munich Re’s...
NOAA: 2012’s U.S. Billion-Dollar Extreme Weather Events ‘Impressive’ January 4, 2013 By Don Jergler Last year may not have measured up to 2011 in terms total damages or havoc wreaked, but the nearly dozen...
State Auto Estimates $6.5 – $7.5Mn Q3 Cat Losses; RED Reserves Increased October 9, 2012 State Auto Financial Corporation (STFC) estimates the impact of catastrophe losses in the third quarter of 2012 at between $6.5...
Report Points to Insurance Industry’s Vulnerability to Climate Change September 20, 2012 By Don Jergler A report out Thursday urges the insurance industry to act to protect itself and the community against the increasing frequency...
Death Toll in Iran Quake Raised to at Least 250 August 13, 2012 The death toll from twin earthquakes in Iran has risen to 250 [later reports put the death toll in excess...