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Catastrophe bonds, which last year formed the basis for the best-performing hedge fund strategy, have been delivering gains that trounce those of other high-risk fixed-income products.
February 5 -
While no single weather event caused more than $10 billion in losses for insurers last year, there were 37 thunderstorms that each cost at least $1 billion, according to a report by Aon Plc.
January 25 -
The Florida State Board of Administration Finance Corporation expects to sell at least $1.5 billion of municipal bonds to raise money for the Florida Hurricane Catastrophe Fund, according to a securities filing dated Jan. 19.
January 24 -
Ernst Rauch, chief climate scientist at Munich Re, says insurers are now having to rethink how they classify storms.
January 9 -
Insurance CEOs remain optimistic and committed to investing in emerging tech.
January 5KPMG -
Insurers Chubb and QBE North America, as well as reinsurer Swiss Re, seek to educate insureds on how to mitigate risks of natural catastrophe damage.
December 19 -
Risk analytics essential to equip P&C insurers in California with the capabilities to precisely identify, evaluate and price risk.
December 8Guidewire Software -
Damage from severe thunderstorms — characterized by sudden downpours, fierce winds and hailstones — has been inching up by about 7% annually for 30 years, according to the analysis.
December 7 -
Insurers are feeling the effects of the climate crisis but only 8% are currently attacking climate change head-on with strategic and proactive initiatives, according to Capgemini research.
December 7Capgemini -
The Senate Budget Committee, which Whitehouse chairs, is requesting information related to maximum claims Citizens Property Insurance Corp., an insurer of last resort, can pay without having to levy assessments on Florida policyholders.
December 4