-
A claim on that scale would test the market in ways it has never seen. -
CyberCube expects ransomware attack to impact both large and SME accounts.
-
The complexity of the incident and US location point to one of the largest-ever marine losses.
-
A Maersk-chartered container ship caused the Francis Scott Key Bridge to collapse.
-
Severe convective storms were the biggest driver of last year’s losses.
-
Underestimated average claim value has led to a dramatic February update.
-
-
Exposures to property are growing materially in the riskier geographies.
-
The US tallies $97bn in economic losses from major perils each year.
-
Rate increases have accelerated further after major losses in 2023.
-
The event occurred a fortnight after major North Island flooding in New Zealand.
-
There were 10 fatalities, mostly due to drowning or tree fall accidents.
