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Aon estimates winter weather economic loss to exceed $10bn+
Aon has said it expects the economic cost of physical damage and business interruption caused by the polar vortex-linked cold snap to “well exceed $10bn”, in an Impact Forecasting report released on Thursday.
Bernard Goyder
,
11 March 2021
UK listing reforms could spur (re)insurance IPO interest
The changes come as a positive rate outlook drives (re)insurance company valuations.
Laura Board
,
11 March 2021
The question of cyber cat risk
Catrin Shi
Catrin Shi
,
11 March 2021
Floridians are caught in a reinsurance demand trap
Fiona Robertson
Fiona Robertson
,
11 March 2021
North American renewables need larger deductibles to remain insurable: GCube
Nat cat and extreme weather claims have become more frequent and severe with hail, heavy rain and wildfires leading to significant losses.
Anna Sagar
,
11 March 2021
Upstream market faces another lacklustre Gulf of Mexico renewal
The need to secure rate increases will be countered by the financial pressures faced by policyholders.
Samuel Casey
,
11 March 2021
Lloyd’s launches first version of Core Data Record for market view
The Corporation used Acord standards to build this early iteration.
Rachel Dalton
,
11 March 2021
Monte Carlo Rendez-Vous 2021 opens for bookings
The key reinsurance gathering may yet go ahead despite Covid-19 uncertainty.
Rachel Dalton
,
11 March 2021
Greenlight Re swings to $42mn Q4 profit as investment recovers
The hedge fund reinsurer reports an underwriting loss of $1.1mn for the quarter, a fraction of the typhoon-driven deficit of a year earlier.
Anna Sagar
,
11 March 2021
Hiscox UK names new direct and commercial chief
Isha Patel has worked at the carrier since 2013 and was previously area director of the south.
Samuel Casey
,
11 March 2021
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