All Catastrophe articles – Page 27
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Felix losses less than $200m
The small population and low insurance penetration of the area means losses will be relatively low
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Felix races towards Nicaragua
Hurricane Felix expected to make landfall as category 4 storm
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Second cat 5 hurricane “unprecedented”
This is an unprecedented season in which the first two hurricanes both reached maximum intensity, says RMS
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Another cat 5 threatens Mexico
Hurricane Felix has intensified into a category 5 storm, with wind speeds up to 155mph
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Analysis
Hurricane Katrina: two years on
How the industry turned its biggest ever loss into a lesson in fortitude
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Moody’s: European insurers stable despite challenges
A new report shows European insurers had stable ratings in the first half of 2007 despite the sub-prime crisis and adverse weather events
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More than 60 killed as wildfires rage in Greece
“The main tourist areas and concentrations of insured properties have been largely unaffected,” says AIR
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Mississippi lawyer charged in Katrina dispute
An attorney has been charged with criminal contempt in a Katrina claims dispute involving State Farm
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EQECAT: Dean losses around $2bn
EQECAT also estimates that overall losses in Mexico will be less than $250m
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Swiss Re and Ascendant in cat swap
Reinsurers take part in inaugural catastrophe derivatives trade
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Dean spares Mexico; losses above $400m unlikely
Dean is “most intense Atlantic hurricane to make landfall in two decades”
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CIG and New Castle sidecar rated
AM Best has assigned debt ratings to Cayman-based Emerson Reinsurance
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Axiom launches claims management tool
Cat5 to provide scalable claims management for reinsurers in the wake of major catastrophes
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Cat 5 Dean blasts into Mexico
Hurricane Dean has slammed into Mexico’s Yucatan Peninsula as a violent category 5 storm
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Cat market quiet as Dean approaches Mexico
Dean is expected to have a limited impact on the ILW market as it misses US
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Peru quake losses should not exceed $1bn
Low residential insurance uptake means losses from quake unlikely to exceed $1bn, says AIR