All Claims articles
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AIR
New normal prompts reinsurer action: Willis Re 1st View
Willis Re CEO urges carriers to adjust business models in light of ’new normal’
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AIR
PERILS raises second loss estimate for storm Friederike
Third loss estimate to be issued in July, 2018
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AIR
Natural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP Last year’s natural catastrophe activity set a record for the highest insured losses ever at $144bn, according to Swiss Re’s latest Sigma study. American ...
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AIR
CAT claims contribute to $5.5bn losses in downstream energy market – WTW
Premium income represents less than 50% of current 2017 loss total in downstream market
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News
GDPR – Data mishandling could be the new PPI
The regulator’s penalties for data breaches are stiff, but a bigger problem could be an avalanche of claims from clients for data mis-handling
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News
GIC Re expects more than $5m claim for EgyptAir plane
The country’s reinsurer became big in aviation policies after 9/11
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AIR: German flooding to cost insurers up to €5.8bn
Economic losses will be ‘much higher’ says risk modelling firm
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PERILS releases Euro flood satellite images
Footprints for the floods will aid damage assessment
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Tropical storm Andrea makes landfall in north Florida
First named storm of the Atlantic season is set to move up the east coast
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Aon Benfield: May’s US storms to cost insurers $4bn
Moore tornado insured losses estimated at $2.5bn
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RMS: Oklahoma tornado could cost insurers $3.5bn
Event has potential to be costliest on record, says RMS director
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RMS: Boston bomb BI losses could exceed property claims
Insured property losses unlikely to breach $1m, says risk modeller
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TSR predicts active 2013 hurricane season
Early forecast puts storm activity at 30% above the long-term norm
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CCRIF and Swiss Re to launch excess rainfall cover
Product will complement other perils protected by the Caribbean cat pool