Natural catastrophes (Nat Cats)
European sovereign debt hits insurer profits
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.
Mexico quake damage "less than $100m"
The magnitude 7.4 earthquake that struck Mexico yesterday is expected to cause less than $100m of insured damage, according to catastrophe modelling firm Eqecat.
Post magazine – 22 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Ecclesiastical posts loss, despite Ireland performance
Specialist faith insurance providers Ecclesiastical made an overall pre-tax loss of £7.7m for the full year 2011.
Earthquake hits Oaxaca in Mexico
An earthquake has hit south west Mexico close to the popular holiday destination of Oaxaca.
AIR and RMS agree multi-year data sharing deal
Rival catastrophe modelling firms AIR Worldwide and Risk Management Solutions have formed an agreement to share exposure data schemas, in response to the growing numbers of clients using multiple models.
AIR poaches Zurich global head of cat modelling
AIR Worldwide has appointed John Elbl as vice president of the firm’s business development group.
RMS launches specialist liability modeller
Modelling firm Risk Management Solutions has launched a liability modelling company in a joint venture with private investors.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Countdown to ISE: Q&A with panel guest Jeff Moghrabi
Jeff Moghrabi, country manager for France and regional director for central Europe at Ace, will be part of the panel debate on The varying role of the broker across Europe at Insurance Strategy Europe taking place in Brussels on Wednesday 21 and Thursday…
Far East 'cold spots' and nat-cats lead Canopius to report first loss
A string of natural catastrophe losses in 2011 drove Canopius Group to the first loss in the company's eight-year history.
Croatian Insurance Market - Latest market trends
Challenging economic conditions saw most lines in the Croation insurance sector suffer. Hvroje Paukovic provides an overview of the market.
Canopius tumbles to first ever loss
Lloyd's insurer Canopius has announced its first ever loss – of £64m before tax (2010: profit of £40m) with catastrophes adding 24 points to its combined ratio bringing it to 111%.
Large Tohoku aftershocks hit Japan
Insured losses from two earthquakes which occurred in Japan on 14 March will be less than $100m, according to Eqecat.
Comment: The risk of irrelevance
A recent report paints a bleak picture for the future of insurance.
In Series Emerging Markets: Drawing on professionalism
With capital continuing to pour into Asia, talent and professionalism is an issue that the Chartered Insurance Institute is well-placed to tackle.
Aftermath of Japan earthquake serves as reality check for insurance industry
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.
Post magazine – 15 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Munich Re promises 2012 turnaround
Munich Re has claimed it has made a good start to 2012 and is aiming for a profit of around €2.5bn after announcing 2011 profit was slashed to €712m (2010: €2,430) in what it called "an extremely difficult environment".
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Countdown to ISE: Q&A with guest speaker Steve Green
Steve Green, European middle market network leader for Zurich, will be presenting the session on 'Meeting the demands of the mid-market. Are insurers and brokers adequately servicing these clients?' at Insurance Strategy Europe taking place in Brussels…
Q&A Christchurch one year on - New Zealand Earthquake Commission
For the last two years New Zealand has seen an unprecedented number of earthquake incidents, Insurance Insight spoke to Hugh Cowan, general manager for research and education at the New Zealand Earthquake Commission, about how claims in the country are…
Geneva Association warns of 2011 repeat
More people will live in large urban areas and be hit by extreme events like those seen in 2011, the Geneva Association has warned.
Christchurch one year on: a forgotten city?
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.