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WTW highlights rapidly escalating risks from climate litigation

WTW has highlighted that global climate change-related litigation cases have doubled to more than 2,000 since 2015.

Marcel Le Gouais, 24 August 2023
Hurricane Lidia intensifies to Category 4 ahead of Mexico landfall

Additional strengthening is possible before Lidia makes landfall on Mexico’s West-Central Coast, according to the most recent update from the National Hurricane Center.

Kyoung-son Song, 10 October 2023
Lloyd’s says further BP2 updates expected by end of August

Market-wide testing is not expected to start until late Q4 this year or Q1 2025.

Fiona Robertson, 07 August 2024
Billionaire Caltagirone exits Generali board after failed leadership coup

The tycoon spearheaded efforts to oust CEO Philippe Donnet, which failed at last month’s AGM.

Samuel Casey, 27 May 2022
KCC estimates Texas hailstorm insured loss at over $1bn

An unusual confluence of factors created almost daily storms.

Rachel Dalton, 16 June 2023
Gallagher has 55 term sheets representing $700mn annualised revenue

Gallagher Re posted 11% organic growth in Q2, down from 12% in Q1, while RPS recorded 10%, up from 8% the previous quarter.

Jairo Ibarra, 28 July 2023
RenRe Q2 CoR climbs 2 points to 80.3% as property segment sees cat impact

Large loss events resulted in a net negative impact of $68.5mn on the property segment’s Q2 underwriting results.

Kyoung-son Song, 25 July 2023
Monte Carlo Hub 2023

Live from Monte: Marcus Winter, CEO North America P&C, Munich Re

Marcus Winter offers his thoughts on the last 12 months in P&C in the US, and how that will impact renewals at 1.1.

Meg Green, 11 September 2023
CFC: Real-life systemic cyber events challenging model assumptions

Claims data points to a lower average cost of claim per claimant for a systemic event compared with attritional or non-systemic claims, according to head of cyber James Burns.

Catrin Shi, 06 December 2021
TSR predicts below-normal hurricane season for 2023

The forecaster is predicting 13 named storms, six hurricanes of which two are expected to be Category 3 or above.

Aisling Finn, 31 May 2023

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