Archive

  • Insured losses from hurricane Laura could reach $9bn

    01 September 2020

    Insured losses from hurricane Laura, which devastated parts of the US Gulf Coast last week, may reach $9 billion, according to estimates from two catastrophe risk modelling firms.

  • Covid-19 triggers payout on World Bank's pandemic bonds

    21 April 2020

    The World Bank has confirmed market expectations that the Covid-19 outbreak has triggered the pandemic catastrophe bonds issued by the bank's Pandemic Emergency Financing Facility (PEF).

  • Ciara/Sabine insured losses to total €1.5bn, says Perils

    25 March 2020

    Insured property losses from storm Ciara/Sabine, which devastated large parts of the British Isles and Europe last month, will total €1.5 billion ($1.6 billion), according to catastrophe insurance data provider Perils.

  • Europe's March cyclone estimated to cost insurers €740m

    23 April 2019

    Estimated insured losses from last month's cyclone Dragi-Eberhard will be €740 million ($833 million), according to catastrophe insurance data provider Perils.

  • A maturing market

    17 December 2015

    The catastrophe bond market saw growth slow in 2015, but demand for other risk transfer mechanisms remains strong, says Peter Cripps

  • UK floods could cost £1bn, says insurer

    11 February 2014

    The cost of damage and disruption caused by extensive flooding across the south and west of the UK this winter could reach £1 billion ($1.6 billion), an insurance specialist has warned.