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Fourth-quarter cat exposure significantly reduced by potential for recoveries.
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The Hannover Re executive predicts stronger rate growth in the US. -
Unprecedented rainfall could mean worse losses than 2018’s Jebi.
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Rate rises continue to accelerate, with business insurance rate growth up from 3.6% to 4.3%.
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The tropical storm is moving northeast along the east coast, whereas Bualoi is predicted to veer northeast away from Japan.
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Climate change to significantly increase wildfire risk in Europe, says carrier.
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There are questions on whether the four European reinsurers will continue to expand their top line as conditions improve
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Neoguri and the stronger Bualoi look set to pass to the east of Japan.
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There is little expectation that reinsurers will be able to push European cat pricing at 1.1.
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Two-third of California carriers, including Farmers, Travelers, and State Farm, have agreed to the extension relating to the 2017 blazes.
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It's no surprise to see how cautiously the (re)insurance industry is approaching the task of estimating losses from typhoons Faxai and Hagibis.
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The ratings agency says recent cat events could breach the carriers’ loss budgets.
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