-
RMS predicts up to $15bn of US insured losses from Laura
07 September 2020Total US insured losses from hurricane Laura, which caused widespread damage to parts of the US Gulf Coast in August, could reach $15 billion, RMS has predicted.
-
RMS estimates insured losses of up to $5bn from Isaias
17 August 2020RMS, a specialist risk modelling firm, has predicted that total insured losses from hurricane Isaias, which swept through the Caribbean and the US east coast earlier this month, will range between $3 billion and $5 billion.
-
Insured losses from hurricane Isaias could top $4bn, says modeller
11 August 2020Insured losses from hurricane Isaias will total approximately $4 billion in the US and $200 million in the Caribbean, according to catastrophe modelling firm Karen Clark & Company (KCC).
-
Forecasters raise predictions of Atlantic hurricanes
10 August 2020The three leading hurricane forecasters have all warned of increased Atlantic hurricane activity in their mid-season updates.
-
Do insurers care about the Sustainable Development Goals?
14 July 2020The UN's Sustainable Development Goals (SDGs) are meant to be the "blueprint to achieve a better and more sustainable future for all". So why aren't insurers taking an active role in pursuing them? Paul Walsh reports
-
Zurich sustainability chief talks up climate drive post Covid-19
19 May 2020John Scott advocates fiscal stimulus funds be spent on pursuing a lower carbon economy
-
WEF warns of lack of climate action post-Covid-19
19 May 2020Underinvestment in climate initiatives after the crisis poses wide-scale threats
-
PRA postpones UK climate and insurance stress tests
11 May 2020The UK's Prudential Regulation Authority (PRA) has paused further work on its climate and insurance stress tests to allow firms to tackle the other pressures they face due to the Covid-19 pandemic.
-
Cat bond market hits record highs despite Covid-19 hit
28 April 2020The first quarter of 2020 saw record levels of catastrophe (cat) bond issuance in the insurance-linked securities (ILS) market, despite the impact of the Covid-19 pandemic, according to an Aon Securities report.
-
Cat modelling awakens to climate change risk
08 April 2020Responsibility for understanding the implications of climate change for insurers has largely fallen on the shoulders of the catastrophe modelling community. They are responding with a more dynamic and multi-faceted view, as Paul Walsh reports