Risks Too Big for Insurers Feed a $200 Billion Market Boom September 5, 2024 By Natasha White As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
Reinsurers’ Appetite for Natural Catastrophe Risks Grows — But Discipline Remains September 5, 2024 By L.S. Howard Top reinsurers are showing increasing—but disciplined—appetite for natural catastrophe risks as a result of rising demand, better pricing, more favorable...
FEMA Approves $61M For Iowans Affected by Spring Flooding and Severe Storms August 14, 2024 The Federal Emergency Management Agency approved more than $61 million for Iowa residents who experienced damage from this spring’s flooding,...
Study Shows Saharan Dust Plumes Impact Hurricanes in the U.S. August 1, 2024 Giant plumes of Sahara Desert dust that gust across the Atlantic can suppress hurricane formation over the ocean and affect...
The Problem(s) With Hail Claims – Part 3 July 18, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and...
U.S. P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red July 3, 2024 By Chad Hemenway For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion...
U.S. Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair July 2, 2024 By Leslie Kaufman This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers...
Experts: Atlantic Hurricane Season Potential on Par with 2005, 1995 June 18, 2024 By Don Jergler Atlantic hurricane risk in the U.S. continues to increase “substantially as oceanic and atmospheric conditions reach a point where tropical...
Potent Hurricane Weather Pattern Continues to Take Shape, Forecaster Says June 14, 2024 By Don Jergler The hurricane season continues to look like it will be a highly active one, as a potent and portentous weather...
Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season June 11, 2024 By Gautam Naik Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the...