The hidden drivers of disaster losses force a rethink in re/insurance modelling, says Gallagher Re science chief ...
Reinsurance broker Gallagher Re has estimated that total insured catastrophe losses for the opening quarter of 2026 reached ...
THE COMPANY ACCOUNTABLE. WE ARE DEEPLY CONCERNED ABOUT THE SAFETY, ENVIRONMENTAL AND ECONOMIC IMPACTS OF THIS CATASTROPHE. CONCERN IN NANTUCKET AFTER THIS NEW IMAGES SHOWING A VINEYARD WIND TURBINE ...
Chubb Limited has delivered first-quarter insurance results well ahead of Wall Street forecasts, even as chief executive Evan ...
According to the National Centers for Environmental Information, the number of natural disasters with damages exceeding a billion dollars rose from an average of three per year to over 17 in the last ...
When major disasters strike — like hurricanes, earthquakes or wildfires — the financial losses can be massive. Insurance companies often struggle to cover all claims. This is where catastrophe bonds ...
The move comes as major insurers such as State Farm have stopped writing new policies in California and other states following an intensifying barrage of disasters that, along with expanding real ...
As climate change triggers more extreme weather and related disasters, the market for catastrophe bonds is on track for a record year. But potential losses from Hurricanes Helene and Milton could test ...
“Global warming” is out. “Climate catastrophe” is in. The language of climate change has shifted over time, according to data collected by language learning platform Babbel, and the Media and Climate ...