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Major California wildfires imperil more than 71,000 structures
Thousands have been forced to evacuate across northern and central California.
Anna Sagar
,
21 August 2020
Pair of tropical depressions approach Gulf
Storms could develop into hurricanes before striking the US, but long-range outlooks are uncertain.
Rachel Dalton
,
21 August 2020
The Week in 90 Seconds
Isaias analysis; CVS shops around; European Q2 study.
Rachel Dalton
,
21 August 2020
Genevieve weakens after skirting Mexican tourist peninsula
The now tropical storm is expected to move further out into the Pacific and become a tropical depression by tomorrow.
Anna Sagar
,
21 August 2020
Suncorp reinsurance claims almost double in 2020
Australian carrier’s expanded reinsurance structure kept net cat costs at A$820mn.
Rachel Dalton
,
21 August 2020
Stone Point lifts Axis stake to 6.8%
The PE firm’s holding in the Bermudian carrier is worth roughly $259mn.
Rachel Dalton
,
21 August 2020
Aviation insurers fear premium could fall 30% for 2020
Reduced passenger numbers have dented airline revenue, with some suggesting the imposition of minimum premiums.
Anna Sagar
,
21 August 2020
Swiss Re and Tencent lead $230mn investment in Chinese InsurTech
Waterdrop has been valued at nearly $2bn in the funding round.
Bernard Goyder
,
21 August 2020
Biggest California wildfires threaten over 45,000 structures
Evacuation orders are in place across northern California, including for the 120,000-strong city of Healdsburg near Santa Rosa.
Anna Sagar
,
20 August 2020
China premium growth returns to pre-Covid levels: Swiss Re Institute
P&C premiums contracted only briefly in February, the reinsurer’s data shows.
Laura Board
,
20 August 2020
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