Natural catastrophes (Nat Cats)
Swiss Re exceeds claims budget following Japan quake
Reinsurer Swiss Re has revealed that it has already gone beyond its claims estimates for 2011 following the Japanese earthquake.
Munich Re Japan quake exposure to reach €1.5bn
Munich Re has estimated losses of €1.5bn (£1.3bn) from the Japanese earthquake.
Munich Re Japan quake exposure to reach €1.5bn
Munich Re has estimated losses of €1.5bn (£1.3bn) from the Japanese earthquake.
Nuclear leak insurance impact “too early to be known”
It is still too early to assess the full impact of the Fukushima Dai-ichi incident on nuclear insurance rates, Jardine Lloyd Thompson has claimed.
Japan quake losses could reach $300bn
Economic losses from the Japan earthquake could top $300bn (£184.2bn), catastrophe modelling firm RMS has predicted.
Chartis quake losses to reach $700m
Insurer Chartis has predicted losses of at least $700m (£431m) from the recent earthquake in Japan.
Swiss Re estimates $1.2bn Japan quake loss
Swiss Re has estimated $1.2bn (£738bn) in claims costs from the Japanese earthquake.
Japan nuclear accident “worst in 25 years”
The nuclear accident at the Fukushima Dai-ichi power plant in Japan caused by last week’s earthquake is the “worst in 25 years”, catastrophe modelling firm RMS has claimed.
Chaucer reduces 2010 cat loss estimates
Chaucer has reduced its best estimate for claims arising from the 2010 New Zealand earthquake and Australian floods.
Jeffries: Munich Re Japan losses “modest”
Jeffries International has predicted “relatively modest” Munich Re losses from the Japan earthquake of €1bn (£869m).
Reinsurance sector braced for huge losses in Japan
The global reinsurance industry is positioned to absorb the impact of the Japanese earthquake — even if the insured losses reach $35bn (£21.7bn).
Canopius boss: massive quake will be tipping point
Canopius chairman Michael Watson believes the Japanese earthquake could serve as the tipping point on market rates, after lamenting the commercial lines market for its "folly" on low pricing.
Major loss: meeting the challenges of major loss
With the global nature of modern business exposing insurers to a variety of major loss challenges, Trevor Latimer assesses the consequences.
Munich Re to revisit earnings target statement
Munich Re's stated objective to earn €2.4bn (£2.1bn) in 2011 may have to be revisited following the devastating earthquake in Japan.
Japan quake: one of the costliest catastrophes in modern history
The devastating earthquake that struck Japan on 11 March is set to become one of the costliest catastrophes in modern history.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Eqecat estimates up to $25bn of quake losses
Risk modelling firm Eqecat has predicted insured losses from the Japanese earthquake of between $12bn and $25bn (£15.5bn).
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Ace estimates Japan losses of up to $250m
Insurer Ace has predicted net post tax losses from the Japanese earthquake of between $200m (£124.3m) and $250m.
6.2m quake strikes Japan
A magnitude 6.2 earthquake struck south of Mount Fuji on 15 March at 10:31pm local time (1:31pm UK time).
Japan economic losses “likely to exceed $100bn”
Losses from the earthquake which shook Japan last week could break the $100bn (£62.2bn) barrier, catastrophe modeling firm EQECAT has predicted.
Swiss Re reiterates commitment to Japanese market
Reinsurer Swiss Re has reiterated its commitment to the Japanese insurance market following the earthquake which hit the country last week.
QBE estimates quake exposure at $125m
Insurer QBE has estimated its exposure to the Japanese earthquake to be around $125m (£77.6m).
Japan earthquake insured losses could top $35bn
The insured property losses caused by the devastating earthquake which struck Japan could reach $35bn (£21.7bn), catastrophe modelling firm Air Worldwide has warned.