Catastrophe risk modelling firm Equecat has estimated insured losses of around €100m for the northern Italy earthquake on 20 May, but warned of uncertainty.
Claims |
22 May 2012
The insurance industry has avoided significant losses from the 6.0 magnitude earthquake that hit northern Italy on Sunday morning due to low take-up of personal property cover in the area.
Europe |
21 May 2012
Lloyd's' market performance and underwriting discipline has long been praised by the industry but, after the near unprecedented losses in 2011, many are wondering whether it can fully bounce back.
Lloyd's/London |
08 May 2012
Broker Marsh has said that the scale of catastrophes in 2011 exceeded previous loss-modelling predictions and has challenged established thinking on the nature of risk.
Broker |
16 Apr 2012
Reinsurance broker Aon Benfield has reported that US storms in March will cost insurers more than $1.1bn, while catastrophes hit Mexico and Australia as well.
Reinsurance |
10 Apr 2012
A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
Insurer |
27 Mar 2012
Ecclesiastical has blamed a pre-tax loss of £7.7m and an underwriting loss of £16.1m on the eurozone and Australasian catastrophes, but plans to increase premiums in Australia.
Insurer |
20 Mar 2012
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Insurer |
20 Mar 2012
Insured losses from two earthquakes which occurred in Japan on 14 March will be less than $100m, according to Eqecat.
Insurer |
15 Mar 2012
A recent report paints a bleak picture for the future of insurance.
Insurer |
13 Mar 2012
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
One year ago, Japan was shaken to its core by a magnitude nine earthquake. The shockwaves from Tohoku-Oki on 11 March 2011 are still causing ripples among insurers, risk modelling firms and reinsurers.
Insurer |
13 Mar 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurer |
13 Mar 2012
With capital continuing to pour into Asia, talent and professionalism is an issue that the Chartered Insurance Institute is well-placed to tackle.
Insurer |
13 Mar 2012
Davies Arnold Cooper and Beachcroft merged in late 2011 under the DAC Beachcroft banner. Paulino Fajardo and David Pollitt discuss the tie-up and their plans for the future.
Claims |
06 Mar 2012
A year on from the earthquakes in New Zealand, while the Christchurch disasters may be slipping out of public consciousness, the work to rebuild the city continues.
Insurer |
06 Mar 2012
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
Updating your subscription status
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Post |
22 May 2012
Post |
22 May 2012
Post |
23 May 2012
Post |
23 May 2012
Post |
22 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...