All Hurricane season articles – Page 12
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Industry takes on climate change
Several insurers, reinsurers, brokers and Lloyd’s have signed up to the ABI’s ClimateWise principles
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Tropical depression poses a serious threat
A new hurricane is likely to form in the Atlantic by the weekend, warns Carvill
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Breen: Sidecars served their purpose
Sidecars “were a really great idea for a problem we had last year”, says Stephen Breen
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Climate change could be uninsurable
Insurance “might not be people’s priority” in 50 years, warns Bill McGuire
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Eqecat: Gulf losses could reach $65bn
A strong hurricane in the Gulf of Mexico could generate losses of more than $65bn, warns Eqecat
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Active hurricane season still on the cards
TSR lead scientist Professor Mark Saunders says the general trend is toward stronger hurricanes
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Prices to drop by 10%-15%
Reinsurance pricing will drop by 10%-15% at the 1 January renewals, predicts Paddy Jago
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Gabrielle "not terrifically impressive"
Carvill estimates that damage from Tropical Storm Gabrielle will be insignificant
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Swiss Re gets tough on pricing
Swiss Re will refuse to write unprofitable business, says Jacques Aigrain in Monte Carlo
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US cat fund bill gets industry backing
The bill could play an important role in solving the nation’s nat cat insurance problem, says the PCI
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Fitow losses will not exceed $1bn
Typhoon expected to weaken as it passes through northern Japan
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Seventh storm forms off US coast
Tropical Storm Gabrielle not predicted to become hurricane
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Industry Matters
Results suggest softening
The dip in reinsurers' premiums in Q2 suggests the softening has begun
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Features
GR Survey: Inevitable rate softening
Only a significant natural catastrophe loss in 2007 could hold back the inevitable softening of rates. Such was the conclusion of GR readers in our latest survey. Helen Yates presents the results
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Industry Matters
Forecasting the storm
Hurricane activity in 2007 is forecast to be below the norm, says Professor Mark Saunders
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Features
That sinking feeling
Given the current pressures on the offshore energy and marine sectors, Andrew Brooks and Andrew Moulton discuss the influences at play and suggest the best way forward.
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Features
The elephant in the room
Over the last 12 months, the property catastrophe reinsurance market has dodged a couple of life-threatening bullets and pricing is now gently softening across the board. So what happened? asks Peter Middleton.
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Features
Rock bottom?
There are two camps where the casualty sector is concerned. One believes rates will continue to spiral downwards, while the other is ever-hopeful of a pricing correction. Will Roberts reports.
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AM Best affirms Brit ratings
Brit's ratings "continue to reflect its excellent profile in London and the wider UK market"
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Analysis
UK floods highlight future risk
How freak weather events are encouraging insurers to look at alternatives