Natural catastrophes (Nat Cats)
A$8.4m of losses from cyclone Ita
According to the Insurance Council of Australia, insurers have received 680 claims (by noon on 15 April) in the aftermath of cyclone Ita, with insurance losses estimated at A$8.4m.
Public and insurers prepare for cyclone Ita in Queensland
Cyclone Ita, currently a strong category 3 storm, is expected to make landfall in North Queensland, Australia, on Friday 11 April.
Chile earthquake damage expected to be limited
According to AIR Worldwide, several homes have been destroyed but overall there have been no major reports of damage from the 8.2 magnitude earthquake that struck off the coast of Chile earlier in the week.
Five dead as 8.2 magnitude earthquake hits Chile coast
A tsunami warning is in place for the Pacific coast after a 8.2 magnitude earthquake occurred last night around 80km off the coast of Chile.
Sums insured across European windstorm markets rise by 2.3%
The total sums insured across eleven European windstorm markets increased by 2.3% on last year, according to the 2014 Perils Europe Industry Exposure Database.
Rainstorm and hail slams Hong Kong
Hong Kong was hit by a strong rainstorm on Sunday causing a shopping centre roof to collapse.
Global cat losses down 44% for 2013
Global insured losses from catastrophes have almost halved in 2013, dropping to £27bn according to a new study from Swiss Re.
Perils hikes Windstorm Dirk loss estimate to £294m
Zurich-based catastrophe data firm Perils has increased its property insurance market loss for the windstorm which wracked the UK and France from December 23 to December 25.
Digital Channels: The future is digital
Insurers must perform a root and branch review of their digital channels if they want to remain competitive in the coming years.
Index-based insurance: Protecting the vulnerable against weather uncertainty
There is growing recognition that extreme weather events are not just an environmental problem but an economic one as well.
Amlin teams with Oxford Uni on modelling project
Amlin will today release the initial findings of a research project with Oxford University on fears of systemic dangers generated by the increasing prevalence of risk modelling.
Beazley records its lowest COR since 2002 listing
Beazley shaved seven percentage points off its 2012 combined operating ratio of 91% in chalking up the lowest COR since the insurance firm became a public company 12 years ago.
Indonesian insurers to shrug off floods, says Fitch
Fitch Ratings has said the January flooding in Singapore is likely to have limited impact on the local insurance market.
ICAT and Ariel partner on US SME cat coverage
US property catastrophe insurer ICAT has partnered with Ariel Syndicate to deliver additional risk capacity to catastrophe-exposed small and medium sized businesses in the US.
Europe: Weathering the storm
Europe got a battering from natural catastrophes in 2013, resulting in the region clocking up the most loss events for the year across the globe.
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
Indonesian authority sets pricing guidelines for disaster coverage
The Indonesian Financial Services Authority has given insurers minimum and maximum prices for disaster coverage of motor vehicles and property to stop unhealthy competition.
Floods in Indonesia cause havoc
Over the last two weeks, floods and landslides have continued in Indonesia including the capital Jakarta, Java, Sumatra, Sulawesi and the Kalimantan Islands.
No casualties reported from New Zealand earthquake
There have been no reported casualties from a 6.3 magnitude earthquake that hit New Zealand's North Island yesterday afternoon.
Floods and landslides hit the Philippines and Indonesia
Over 30 people have died and tens of thousands of people have been displaced in the Philippines and Indonesia following torrential rain causing floods and landslides.
Windstorm Xaver property losses were €680m, according to Perils
Perils, which provides catastrophe insurance data has released an initial loss estimate for December windstorm Xaver, which affected Western and Northern Europe, of €680m for insured property losses.
Perth bushfires to cost at least A$13m
Insurance assessors have started reviewing claims in bushfire-affected communities in the Perth Hills following bushfires that have destroyed or damaged many homes, businesses and vehicles.
One dead and 52 homes destroyed by bushfires in Western Australia
A man has died on the roof of his home and 52 homes have been destroyed in the Perth hills as Australia suffers a serious heatwave.