-
The storm made landfall in Queensland, Australia at the beginning of March. -
In Partnership With Swiss Re Corporate SolutionsParametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
-
SCS losses were also above average in Q1 due to “lingering” La Niña conditions.
-
Insured losses were the second highest on record for the first quarter.
-
The firm now reports on insurance exposures to natural perils for 21 countries.
-
The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
-
From where to prioritise investing to managing slower growth, there are tough balancing acts ahead.
-
The worsening of extreme weather is becoming a global problem, presenting data challenges.
-
It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
-
The investment recovery will be welcome but Chinese tariffs will contribute to loss-cost inflation.
-
A positive outcome could significantly curb insurers’ exposure to the loss.
-
Storms in the UK and Ireland drove losses in the commercial segment.
