Losses
Covid-19 event cancellation losses will reach up to $8bn: UBS
In recent days, a host of major sporting competitions have been cancelled or postponed
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Drought declared in eight regions of England
The drought could seriously impact food supply and result in water rationing in impacted regions
Catastrophes cost insurers $38bn in H1
Above-average natural catastrophe losses were driven by a series of harsh European winter storms and severe flooding in Australia and South Africa
Allstate warns of 107% Q2 combined ratio
Catastrophe losses and inflation drive a 12.2-point deterioration in US group’s combined ratio in the second quarter
Global insured losses above average in H1
Insured losses down 32% in first six months of the year compared with the same period of 2021 but are 18% ahead of the 21st century average
Scor faces €200m Brazil drought loss
Brazil has suffered from its worst drought in more than 90 years, with soybean farmers in southern Brazil expected to losing 90% of their crops
Convective storms continue to cause major losses across US
Insurers hit by hundreds of millions of dollars in losses in early July
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