All Catastrophe articles – Page 30
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Tropical storm heads towards Japan
Meteorological Agency warns that “Usagi” will increase in strength as it nears main islands
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UK insurers hit hard by 2007 weather
UK non-life insurers pay heavy price for weather losses, but credit ratings remain intact
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More hurricanes on the way
Study finds that global warming is causing more frequent hurricanes
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Hard times
KRW inflicted hefty damage on PXRE, setting in motion a spiral of decline, but news of a merger with Argonaut offers a new lease of life
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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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Too early to pop the champagne corks
A new report highlights record results for Bermuda reinsurers in 2006, but stormy waters lie ahead
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UK flood cover could be removed, warns Aon
Broker warns that lack of government investment could scare off insurers
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Fitch puts UK flood cost at £3bn
Disaster to have limited impact on ratings of UK insurers though
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A year of record results
Report shows 2006 was a record year for Bermuda reinsurers after low of 2005
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Guy Carp to release UK flood model
Model will focus on exposures in London and provide flood extents for sea surges and 1-in-250 year events
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PCI against wind coverage in flood bill
Association foresee “federal government fund” creating unnecessary competition
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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
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Second quake hits Japan
Two earthquakes measuring 6.8 on Richter Scale slam Japan killing seven
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Earthquake hits Japan
No calm after storm, as fatal earthquake strikes Japan days after being battered by typhoon
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ERM “developing” in Europe
On the back of the recent Solvency II framework directive, insurers showing greater interest in enterprise risk management
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Guy Carpenter announces new appointment
Simon Welton brought in to strengthen retrocessional practice
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Features
Predicting the weather
Today’s catastrophe models are more scientifically robust than ever before. Dr Jayanta Guin takes a looks at how our understanding of the forces driving natural catastrophes becomes ever more sophisticated.
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The next generation of risk
Many countries in Asia are developing rapidly, with their cities mushrooming. They are also in some of the most hazard-prone parts of the world, warns Domenico del Re.