Why it matters: The reinsurance giant's report warns that global insured disaster losses are sharply increasing, and climate ...
Insurers’ losses were driven not by a single powerful hurricane but by a string of other weather events, especially ...
Frequency of events is the main driver of insured loss accumulation, with severe convective storms accounting for a record ...
Insured property losses could double in the coming decade due to climate change and more frequent and more intense severe ...
Climate change is coming for life on earth – in the form of floods, more severe and destructive storms, drought, ocean ...
By Pierre Bertrand Global insured losses from natural catastrophes last year exceeded $100 billion for the fourth consecutive year and losses could ...
Frequency of events is main driver of insured loss accumulation, with severe convective storms (SCS) accounting for record high USD 64 billion in 2023; 85% of SCS-losses in 2023 originated in the US, ...
According to global reinsurance firm Swiss Re, the occurrence of medium-severity insured loss events has risen by 7.5% since ...
After a year of unprecedented wildfires, droughts, extreme heat events and a slew of other impactful weather shifts, climate ...
The Swiss Re Institute has revealed that global insured losses from natural catastrophes exceeded $100 billion for the fourth ...
John Seo leaned into trading catastrophe bonds to capitalize on volatile weather and inflation, a profile in Bloomberg said.
The insurance company will cut 72,000 residential and commercial policies statewide because of inflation, regulatory costs ...