Natural catastrophes (Nat Cats)
China counts costs of typhoon Haiyan
After battering the Philippines, super typhoon Haiyan weakened but still caused significant damage in South China.
Insurance losses in Philippines likely to top $300m, says AIR Worldwide
As the extent of the devastation becomes clearer from typhoon Haiyan, latest estimates put the insurance bill at a minimum of $300m.
Insurance losses won't top $100m in the Philippines, says Eqecat
As a result of low insurance penetration in the disaster struck areas of the Philippines from typhoon Haiyan, the insurance bill is not expected to be more than $100m according to catastrophe risk modelists Eqecat.
Vietnam escapes worst of Haiyan
Typhoon Haiyan, which devastated many islands in the Philippines over the weekend, weakened to a category 1 storm before striking Vietnam.
Devastation escalates after Philippines' super typhoon Haiyan
Catastrophe modelling firm AIR Worldwide says devastation in the Philippines following last week’s super typhoon Haiyan is continuing to escalate.
Thousands dead after one of strongest typhoons in history
The death toll could surpass 10,000 in the Philippines as the country counts the costs of typhoon Haiyan which made landfall over the weekend.
Millions flee record typhoon Haiyan in the Philippines
A category five super typhoon has made landfall in the Philippines on the islands of Leyte and Samar, and is likely to hit close to Cebu and the capital Manila.
AIR Worldwide estimates total windstorm losses could reach £1.9bn
Catastrophe modelling firm AIR Worldwide has estimated total insured losses from windstorm Christian will range between €1.5bn and €2.3bn (£1.9bn).
AIR Worldwide estimates windstorm Christian losses could reach €2.3bn
Catastrophe modelling firm AIR Worldwide has estimated insured losses from windstorm Christian will range between €1.5bn and €2.3bn, with the majority of insured losses occurring in Denmark and Germany.
Europe: Disaster area?
More people than ever before are being exposed to natural disasters due to the increase in global urbanisation, according to a recent report from the Institution of Mechanical Engineers.
ABI predicts St Jude storm to cost insurers £130m
The Association of British Insurers is estimating insurers will have to pay out £130m to policyholders following last week’s St Jude storm.
Zurich's head of corporate business hails opportunities of urbanisation
Thomas Hürlimann, CEO global corporate, Zurich sees a bright future for the insurer in the Asia-Pacific region as people flock to cities near shorelines and fault lines.
Asia-Pacific catastrophe limit grows
Total Asia-Pacific catastrophe limit purchased in 2013 increased for the tenth year in a row, but did not keep pace with strong GDP growth in the region, according to a new report from Guy Carpenter.
Windstorm could result in underwriting losses in Germany, predicts AM Best
Regionally focused German insurers may incur underwriting losses for the year from an accumulation of natural catastrophes, a report from AM Best has found.
Windstorm unlikely to impact UK insurers' performances, predicts AM Best
UK non-life insurers remain on course to post strong overall performances in 2013, despite last week’s windstorm, according to a report from AM Best.
C-Suite: It’s time to get personal
The increasingly connected world presents greater challenges for insurers – they must rise to the task.
13 die in European storm
A powerful storm swept across North Europe yesterday with some devastating consequences.
Australian catastrophes have cost AUS$8.8bn since 2010
Catastrophes since the start of 2010 have caused billions of dollars of damage across Australia with insurance losses of more than AUS$8.8bn ($8.4bn).
New South Wales bushfires to cost insurers AUS$145m
The Insurance Council of Australia has estimated AUS$145m of damage from the New South Wales fires which ripped through the Blue Mountains over the last two weeks.
Over 40 people die in Indian floods
48 people have been reported dead in floods in the Indian states of Andhra Pradesh and Orissa within the last week.
IAG moves quickly over bushfires
IAG has settled over half of 600 total loss claims from the devastating bushfires in New South Wales.
Europe a reinsurance buyer’s market claims Willis Re
Increased capacity, competition and changing market dynamics have created a buyer’s market for European cedants according to Willis Re.
Disaster preparedness should top agenda says IMechE
The rapid growth in the number of people living in cities and urban landscapes is increasing the world’s susceptibility to natural disasters, according to a report by the Institution of Mechanical Engineers.
Axa places €350m of cat bonds for European windstorm risk
Axa Global has placed €350m (£295) of catastrophe bonds to institutional investors through Calypso Capital II providing the insurer with protection against European windstorm risk.