All Business Interruption articles
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QLD flood losses still uncertain for reinsurers
Policy wording regarding flooding versus flash flooding will reduce claims for insurers
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Bahrain approves ACR Retakaful
$200m Dubai company was formed with input from Malaysia and Singapore
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Time for a US federal cat ‘backstop’?
S&P article looks at pros and cons of creating a government catastrophe programme
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Storm-insured volumes ‘to double by 2018’
AIR analysis also found insured value of US coastal property grew by 7% pa
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RMS unveils hurricane parametric index
Tool is ready to support the 2008 Atlantic basin hurricane season
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‘Above norm’ storms prediction reduced
2008 will be 20% higher than standard rather than previous forecast of 35% higher
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Be prepared for a big storm season - Aon
Risk managers and insurers should have “robust strategies” in place
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$270m reinsurer launched in Dubai
Company is a joint venture by Dubai Holding, Malaysian Government and Asia Capital Re
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Q3 cat losses lowest in five years
US property/casualty insurers are expected to pay $1.125bn in third quarter catastrophe claims
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Analysis
Capital market revolution
Capital market solutions will transform the industry, predicted delegates at Insuring Climate Change
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Analysis
Swiss Re advocates compulsory terrorism coverage
Terror cover should be compulsory where government pools exist, says Swiss Re
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Typhoon Usagi makes landfall
Losses are not expected to exceed $500m as the storm weakens to a category 2
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PCI supports TRIA extension – with conditions
Association supports extension of TRIA but rejects a provision requiring insurers to provide coverage for NBCR attacks
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The great escape
With insurers' profits likely to be washed away, reinsurers set to emerge from the UK floods relatively unscathed
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The harm after the storm
Japanese earthquakes set to hit insurers hard, although total cost will not be known for some time