Global natural catastrophes cost insurers $17 billion during the first quarter of 2024 with economic losses rising above $45 billion,...
severe convective storms (SCS) News
Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for...
Global insured losses from natural catastrophes in 2023 totaled $108 billion, exceeding US$100 billion for the fourth consecutive year –...
A severe convective storm system spawned softball-sized hail and destructive tornadoes across the central U.S. last week, leaving meteorologists to...
Hail of two inches or greater struck the United States on 141 days last year — the highest number of...
Powerful winds have killed a man and brought widespread destruction across Australia’s second-most populous state, leaving 530,000 homes and businesses...
Reinsurers’ underwriting margins are expected to peak in 2024 on the significant price rises and tighter terms and conditions achieved...
The insurance industry is grappling with a new kind of weather risk that’s increasingly driving its biggest loss category. While...
Global insured losses from natural catastrophes totaled $118 billion in 2023, according to Aon’s annual Climate and Catastrophe Insight report....
For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year. The...