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Insurers back $3.5bn ‘milestone’ development finance policy

Companies including Axa XL, Everest and Swiss Re back programme to provide billions of dollars of additional development finance to emerging economies

International Climate change

Exploring the ‘what if?’ of climate risk: Moody’s RMS

Chief research officer at Moody’s RMS says the modelling firm is examining seven 'potential' catastrophe scenarios, arguing that recency bias focused on actual events can colour the perceptions of catastrophe risk managers

Casualty Property

Industry's average annual catastrophe loss rises to high of $133bn: Verisk

Thunderstorms should not be viewed as a secondary peril, analytics group says

International Property

US sets new annual record for $1bn disasters in eight months

This year's large disasters caused 253 direct and indirect fatalities and generated more than $57.6bn in damages, according to NOAA

North America Property

Diversity of risk demands diversity of research: Gallagher Re

The Gallagher Research Centre’s Tina Thomson and Iain Willis outline how academic partnerships can help unlock reinsurance capacity across product lines

Broker Big Interview

Insurers pull capacity from DRC oil exploration

Re/insurance for the oil blocks on offer is deemed to be expensive due to the shrinking primary insurance available to oil and gas companies, environmental group says

Congo (Democratic Republic) Casualty

CelsiusPro acquires Global Parametrics

Swiss parametrics firm boosts climate and natural catastrophe expertise with transaction 

International Hannover Re

Public-private partnership launched to develop agriculture insurance in Uzbekistan

Sovereign risk transfer project launched by the Insurance Development Forum, the United Nations Development Programme and the German government to benefit nearly 17,000 smallholder farmers over two years

Uzbekistan Climate change

Viewpoint: Energy companies are under pressure to reduce exposure to climate lawsuits

With climate litigation costs rising, there are steps energy companies can take to identify and reduce the risks they face 

International Willis Towers Watson

Saola hits Hong Kong as major typhoon

Members of the public have been told to prepare for ‘destructive winds’

Hong Kong Hurricane Season

Hawaii wildfire economic loss could reach $6bn: Moody's RMS

High insurance penetration rates mean up to 75% of the total loss could be insured, catastrophe modelling firm says

United States Property

Viewpoint: What exits from the NZIA mean for insurers

The mass exit of members from the Net-Zero Insurance Alliance climate initiative is a significant loss of face for the insurance industry and a blow to global efforts to reach net zero

International Viewpoint
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