Subject: Catastrophe Page 56 / 61
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- November 23 2017
Non-life, reinsurance prices forecast to go up
The string of large natural catastrophes this year could lead to rate hardening next year and in 2019, says a new report.
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- November 20 2017
Korean insurers ask for government help on earthquake risk
Insurers say earthquake policies will not be profitable unless the government shares a bigger financial burden.
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- November 14 2017
Disaster coverage could become too expensive
The industry needs to find solutions if it wants to adapt to the threat of climate change, according to Munich Re.
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- November 6 2017
AIG posts US$1.74bn loss
The third-quarter loss was caused by one of the markets single biggest hits from hurricanes.
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- November 1 2017
Global extreme weather losses reach US$129bn for 2016
Economic losses will continue to increase due to droughts, storms and floods caused by climate change.
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- October 11 2017
UN warns of more destructive disasters in Asia
The warning comes from the UN's Economic and Social Commission for Asia and the Pacific.
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- October 11 2017
AIG sees third-quarter cat losses of US$3bn
The figure includes US$1 billion each from hurricanes Harvey and Irma, and up to US$700 million from Maria.
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- October 9 2017
Big losses expected from recent hurricanes
The global insurance industry may face losses of up to US$100bn from hurricanes Harvey, Irma and Maria.
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- October 4 2017
QBE says 2017 could be costliest in history
The Australian insurer expects its earnings to be dented by rising claims from this year's disasters.
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- October 4 2017
Major insurers join blockchain insurance initiative
Twenty-three insurance groups have joined the Blockchain Insurance Industry Initiative (B3i).
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- October 2 2017
Lloyd’s expects to post a net loss for 2017
Hurricanes in the US, plus the Mexican earthquake and floods and typhoons in Asia have taken their toll.
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- September 25 2017
Reinsurers suffering from rush of natural disasters
Global reinsurers are starting to feel the effects of the recent frequency of hurricanes and earthquakes.
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- September 22 2017
Macau insurers peg typhoon losses at US$362.5m
Typhoon Hato, which struck the casino city in August, caused economic losses of US$1.4bn.
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- September 15 2017
Eastern exposure
Climate change and the growth of coastal megacities is exposing Asia to increasing risk from windstorms.
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- September 13 2017
Irma’s insured losses revised down
From estimates up to US$60bn, forecast insured losses have been revised down to US$20bn-US$40bn.
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- September 13 2017
Hurricane Harvey highlights insurance protection gap
A significant proportion of the unprecedented flood losses generated by the hurricane will be uninsured.
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- September 12 2017
Hurricane Irma could cost up to US$65bn
The extent of destruction and economic impact will not be fully known for some time.
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- September 11 2017
GC Securities and Marsh launch ILS platform
The JV standardises the placement process for collateralised reinsurance and private catastrophe bond deals.
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- August 31 2017
Reinsurance industry braces for Harvey impact
Will the storm, the first major hurricane to make landfall in the US since 2005, bring an end to the soft reinsurance market?
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- August 31 2017
Willis Towers Watson hires P&C consulting head for S Asia
David Maneval will be responsible for developing the non-life insurance consulting practice across Singapore, Thailand, Indonesia, Malaysia and Vietnam.
