Storm
RMS releases Windstorm Niklas damage estimate
Catastrophe risk management firm RMS has estimated that the damage to insured property caused by Windstorm Niklas will stand between €750m (£538m) and €1.5b.
Perils revises loss estimate from windstorm Elon-Felix to €335m
Independent Zurich-based loss data provider Perils has disclosed its second loss estimate for windstorm Elon-Felix which affected Western and Northern Europe from 8 to 11 January 2015.
Europe: Natural catastrophes - more than storms in a teacup
‘Acts of God' were relatively benevolent last year, with insurers more stirred than shaken by reported losses.
L&G 2014 GI profits hit by £12m cost of last winter's storms
Adverse weather at the start of 2014 has been cited as a major factor behind a £10m reduction in operating profit within Legal & General’s general insurance business.
Marcia makes Suncorp exceed natural catastrophe provision
Australian financial services group Suncorp has said Cyclone Marcia will cost its insurance arm at least A$120m (£61m).
Brisbane hailstorm hurts IAG's first half profits
Catastrophes and reduced reserved releases contributed to IAG's 9.8% fall in profits in the first half of its financial year through 31 December.
Winter storm Juno brings near-record snows to Boston
A blizzard in the Northeast United States almost shattered records for snow in Boston, despite the impact in New York and New Jersey being less than anticipated.
Brisbane hailstorm claims top A$1bn
100,223 property and motor claims have been lodged as a result of last November's freak Brisbane hailstorm.
90% of 2013/14 winter flood and storm claimants satisfied with service
Nine out of ten customers that made a flood or storm claim last winter were satisfied with the way it was handled, according to a study by the General Insurance Market Research Association.
100mph+ winds forecast to batter Scotland
Winds of more than 100mph have been forecast for Scotland later this week, with the Western Isles, Orkney and the north and north-west of the country set to bear the brunt of the weather.
UK residents and businesses braced for 'hazardous weather'
The Met Office is warning members of the public and emergency responders of “severe or hazardous weather” ahead of the expected onslaught of a trans-Atlantic storm.
Brisbane hailstorm insured costs rise to A$804m
November's powerful hailstorm in Brisbane has cost insurers and reinsurers A$804m ($669m/£426m) so far.
Storm could cost A$1bn to clean up, says Brisbane mayor
Brisbane mayor Graham Quirk has said the hailstorm on 27 November is the costliest storm event for insurers in 30 years.
Brisbane hailstorm claims to cost at least A$482m
The losses from last week's Brisbane hailstorm keep on rising.
Treasury pledges £97m for ‘world-leading’ Met Office supercomputer
Chief Secretary to the Treasury Danny Alexander has today revealed plans to spend £97m on a supercomputer to improve the UK’s ability to predict disruptive weather.
Europe: Climate change modelling
The question of whether climate change is driving an increase in the severity of weather events is a key concern for insurers. How can modelling systems keep up?
QBE Europe sees GWP drop 13%
QBE Europe's first half gross written premiums fell 13% to $2.69bn (£1.62bn) from $3.1bn in the same period of 2013.
No further divestment plans for Ageas, Watson states
Ageas UK chief executive Andy Watson says there are no further planned divestments for the business following today's announcement of the sale of Ageas Protect.
Weather claims eat into Lloyds GI COR as income slips by £54m
Lloyds Banking Group’s general insurance business has attributed increased weather claims in the opening two months of the year to a decline in the unit’s combined operating ratio to 80% in the first half of 2014 (H1 2013: 69%).
Met Office raises UK storm warnings
The Met Office has increased its severe weather warnings for parts of the UK this weekend, calling on residents and businesses to be prepared for disruption.
Europe faces more than €2bn losses from June thunderstorms
An outbreak of severe thunderstorms in June caused over €2bn economic losses across Europe, according to Impact Forecasting, the catastrophe model development centre at Aon Benfield.
Perils revises Windstorm Xaver loss estimate up by €32m
Independent Zurich-based loss data provider, Perils has disclosed its third loss estimate for windstorm Xaver.
Winter storm claims total upwards of £2.1m for Cornish Mutual
Cornish Mutual has revealed the cost of claims following “unprecedented” storms earlier this year have topped £2.1m.
Black rain hits Hong Kong again
For the second time this year the Hong Kong Observatory has raised the black rain warning as thunderstorms hit the city on 8 and 9 May.