H1 natural catastrophe losses $70bn less than in 2011
Insured losses from natural catastrophes were approximately $12bn in the first six months of 2012, significantly less than the $82bn in the first half of 2011.
Nearly 85% of total insured losses worldwide were due to tornadoes and wildfires in the US, compared to an annual average of 65%, but total losses up to the end of June were below the six-month
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Reinsurance
Soft market to deepen amid strong reinsurer balance sheets
Ratings agencies predict the global reinsurance soft market will deepen into 2027 as capital remains abundant, while cyber and data centres emerge as key growth opportunities.
ABI fire safety facility tops £19.6bn in year two
The Association of British Insurers has capped off a second year for its Fire Safety Reinsurance Facility, announcing a total sum insured of £19.6bn for the 12 months to the start of April.
Big Interview: Anne Middleton, Convex UK
Anne Middleton, Convex’s UK CEO, talks to Insurance Post about continuity through a change of chair, why market share matters more than premium, and staying disciplined as the market softens.
Why the real AI advantage in insurance lies beyond the model
View from the top: Ben Rose, CEO of Supercede, argues that as artificial intelligence models become commoditised, the advantage for the industry will come from the context and infrastructure surrounding them.
Why Flood Re must change before it becomes unfit for purpose
Trade Voice: Perry Thomas, CEO of Flood Re, explains why the flood insurance market is on the cusp of change, and why fairness and resilience must remain centre stage.
Diary of an Insurer: Swiss Re’s Leo Dixon
From winter storm-driven flight delays, to early morning sea-air walks in Poole and artificial intelligence-driven Claims Reimagination sessions, Leo Dixon, global head of claims for property and casualty reinsurance at Swiss Re, shares why there’s no such thing as a typical week in claims.
Regulators target four-week captive approvals
The Prudential Regulation Authority and the Financial Conduct Authority have launched a consultation on a new framework for captive insurance, eyeing a summer 2027 launch date.
Big Interview: Tom Clementi, Pool Re
Tom Clementi, CEO of Pool Re, speaks to Insurance Post regarding his efforts to modernise the government-backed reinsurer, how terror risk has evolved, and where the firm sits on cyber.