"Time to act" as climate role in disaster losses increases: Jeworrek, Munich Re
It is time for the world to act on climate change as it will play an increasing role in disaster,.. Read More
personal Insurance
Hard market limited to 2021 without above average losses: Barclays
The “hardening” of the reinsurance market is expected to be limited to just this year unless the industry faces losses,.. Read More
AbsoluteClimo & AKR Zell team up to provide climate-driven risk services
AbsoluteClimo, a climate and weather modeling, forecasting and risk management firm based in Hawaii, has teamed up with AKR Zell,,.. Read More
FEMA explains structure of $1.153bn 2021 flood reinsurance renewal
The U.S. Federal Emergency Management Agency (FEMA) has explained the structure of its $1.153 billion National Flood Insurance Program’s (NFIP),.. Read More
Catastrophe exposed property rates surge again in Q4 - MarketScout
Catastrophe exposed property insurance rates surged higher through the fourth-quarter of 2020, with hurricane exposed property in Florida and wildfire,.. Read More
Reinsurance rate rises may be "more pronounced" at April, June & July renewals
With reinsurance rates and pricing having increased at the key January 2021 reinsurance renewals, there is now an expectation that,.. Read More
What is Covered Under Structures Away from the Residence Premises?
Some homeowners insurance policies contain endorsements or specific language which provide coverage for specific structures located away from the Residence,.. Read More
Hudson Structured backed SPAC Kairos prices 20% upsized IPO
Kairos Acquisition Corp., the new insurance, reinsurance and insurtech focused Special Purpose Acquisition Company (SPAC), or blank check company, that,.. Read More
Property reinsurance renews at "lower end of expected increases " - GC
At the January 2021 reinsurance renewals, property rate increases were seen to be at the lower end of expectations, while,.. Read More
IAG renews $10bn cat reinsurance tower, cites "modest" rate increase
Australian primary insurance group IAG has successfully renewed its catastrophe reinsurance tower to provide it with the same $10 billion,.. Read More
Zurich launches parametric weather product for non-physical damage
Zurich North America, a division of the global insurance and reinsurance firm Zurich, has launched a new product to provide,.. Read More
