Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...
natural catastrophes News
Hundred-year storms. Record wildfires. Unexpected tornados. These and other extreme weather and national catastrophe events are happening more often today...
Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural...
The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic...
Hurricanes in the East. Wildfires in the West. Those are the big disasters that grab the headlines and are driving...
LONDON —Insured losses stemming from natural catastrophes rose to $50 billion in the first half of 2023, the second highest...
One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure...
A combination of historic high inflation and a growing frequency of natural catastrophes is creating the hardest market in a...
Failure to tackle climate change and environmental degradation dominate the ranking of top risks facing the planet in the next...
Swiss Re reported a third-quarter loss of $442 million driven by claims tied to the damage from hurricane Ian, and...