All Flood articles – Page 10
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RMS raises UK flood estimate
Modeller puts cost of summer floods between £2.25bn and £3.25bn
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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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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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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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Cover Story
Correlations of risk
Large catastrophes often reveal unexpected correlations and loss amplifications. Nick Thorpe examines whether these correlations of risk could catch out insurers, reinsurers and their investors
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PCS: Record low catastrophes for Q2
US property/casualty insurers are expected to pay an estimated $2.175bn for second-quarter property losses
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UK flood costs top £500m
RMS says flooding worst for seven years in UK and insured losses could top £500m
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Nat cat losses will be off the scale
A Japan earthquake could cost $1trn, warns Professor Bill McGuire
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Farewell to catastrophe reinsurance?
A spate of new cat bonds suggests insurers increasingly prefer the capital markets for risk management
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S&P: Use the models with care
Unless modelling makes common sense and you can explain it to the customer, it won't work, say S&P analysts
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RMS provides analysis in Brit cat swap
RMS has designed the trigger mechanisms for a securitisation of multi-peril, multi-event catastrophe risk
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Sidecars becoming a global solution
Previously the domain of just a handful of other jurisdictions, sidecars are becoming a global reinsurance solution
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Climate change: insurers have a crucial role
The industry must recognise its important role in providing solutions to help curb climate change
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RMS launches reinsurance platform
The RMS reinsurance platform will help insurers and reinsurers reduce uncertainty in modelled losses