Claims and losses

Record-breaking flooding in at least five Nebraska states has led to emergency declarations.

The Risk Rating 2.0 initiative will link flooding risk to pricing from 2020.

Intervention by Puerto Rican insurance officials comes as Integrand takes its reinsurers to court.

The modelling company’s range for the European storm is significantly higher than the $680mn cost forecast by actuarial consultants Meyerthole Siems Kohlrus.

The FAA's move follows several other countries’ decision to ground the planes.

Aon has teamed up with Silicon Valley’s Zesty.ai to help improve its understanding of wildfire aggregation risk.

In a comparison that you should only attempt if you have a French accent, Scor chairman and CEO Denis Kessler once quipped that traditional reinsurance was the wife of the insurance world, while ILS was the mistress.

Countering the increased demand for public reinsurance, Demotech is seeking to require more overall coverage.

Nephila, RenRe and Validus go on the record with this publication on the forthcoming 1 June renewals.

CEO Paresh Patel said the carrier is already buying cover for a greater than one-in-100 return period.

HCI reported a loss in the fourth quarter stemming from Hurricane Michael claims and unrealized investment losses.

The Queensville event was by far the costliest catastrophe globally in February.