Storm
Insured losses from Chinese storms expected to reach $78.7m
Insured losses from the severe storm that struck Beijing last Saturday are estimated at ¥500m ($78.7m), the city's insurance regulatory commission said on Thursday.
Insured losses from Vicente estimated to be $100m to $300m
Economic losses from typhoon Vicente, which struck Hong Kong on 23 July, are expected to be $600m to $1.5bn, catastrophe modelling firm Eqecat said.
Insured losses 'low' as Typhoon Vincente sweeps through China
Up to 37 people are dead and 700 homes were flooded after Beijing was devastated by the heaviest rainfall to hit the city since 1951.
HK Stock Exchange resumes trading as typhoon warning lowered
Hong Kong lowered its cyclone warning on Tuesday and its markets resumed trading after Typhoon Vicente, the most intense storm to hit the city since 1999, moved towards China.
'Unsettled' weather not over, RMS warns
The industry has been told to brace itself for further wet weather after a weekend of rain affected festivals and the Silverstone racing event in Northamptonshire.
Losses from Typhoon Guchol expected to be under $500m
Insured losses from Typhoon Guchol are estimated to be less than $500m, according to catastrophe modelling firm Eqecat.
Near norm Atlantic hurricane season predicted
Hurricane activity in the 2012 Atlantic season is likely to be close to the long-time norm values, but 10-40% below the norm values for the past 10 years, according to a forecast by Tropical Storm Risk.
Swiss Re secures nat-cat buffer of $400m via bond market
Swiss Re has obtained an extra $400m in natural-catastrophe protection via a catastrophe bond through newly formed issuer Mythen Ltd.
Energy: Overcapacity causing problems as market rates stagnate
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
Claims Roundtable: How can insurers innovate to win the retention race?
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.
Premium rates set for Thai cat fund
The Thai government has settled on premium rates for the state-initiated disaster fund.
Perils expects €267m losses from Windstorm Andrea
Independent Zurich-based firm Perils has disclosed its initial loss estimate for windstorm Andrea as €267m.
New year European windstorm damage estimated at €267m
Perils has today disclosed an initial loss estimate for windstorm Andrea, which occurred in Western Europe from 4-5 January 2012, of €267m.
Perils estimates €300m windstorm Joachim loss
Independent Zurich-based firm, Perils, today disclosed an initial loss estimate of €300m for windstorm Joachim, which occurred in Western Europe from 15-17 December 2011.
News analysis: Insurers and reinsurers must start to focus on emerging ‘peak’ risks
Natural catastrophes: Will previous ‘cold spots’ be targeted by insurers and reinsurers?
View from the top: Lessons from the East
Catastrophes in Japan showed the resilience and strength of the industry, says Andrew McKee.
Thai cat fund given green light by regulator
The Office of Insurance Commision, Thailand’s insurance regulator, has passed a resolution to establish a 50bn baht (€1.2bn) catastrophe fund for floods, windstorms and earthquakes.
Australian disaster claims total A$5bn
Australia’s eight natural disasters in 2011 cost general insurers approximately A$5bn (£3.4bn) – more than double the 2010 figure, the Insurance Council of Australia reports.
Growth in green energy prompts Rural to enter market
Specialist agricultural insurer Rural, part of UKGI, is the latest business to launch a suite of green insurance products to meet the growing demand for cover from farmers investing in renewable energy schemes.
IAG revises half year perils outlook after Xmas day weather claims
Insurance Australia Group has confirmed that its Australia Direct and CGU businesses had received to date approximately 24 000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day.
Extreme UK weather behind car claims increase
The storms that battered parts of the UK brought a 28% increase in car insurance claims over the first five days of January, compared with the same period last year, according to the AA.
Clustering seen as Windstorm Andrea follows hot on Ulli's heels
Windstorm Andrea passed through the UK earlier last week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland.
A windstorm for the insurance market
As the market gradually starts to digest the recent European renewals, Francesca Nyman considers the increasing challenge that European windstorms pose and whether insurers are adequately protected against this risk.
Natural Catastrophes poll
The sequence of earthquakes and large number of weather-related catastrophes have led some insurers to brand 2011 the costliest year ever in terms of natural catastrophes.