Hail of two inches or greater struck the United States on 141 days last year — the highest number of...
severe convective storms (SCS) News
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...
Non-peak (secondary) perils and record-setting weather and climate events drove global insured losses from natural catastrophes to an estimated $123...
Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of...
Natural catastrophes in 2023 caused global economic losses of US$250 billion, with insurers and reinsurers paying US$95 billion of that...
This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased appetites” and a...