Nov 7, 20233 min readHurricane Otis produced 205 mph gust, among strongest ever measuredFerocious wind reported in Acapulco is preliminary but would rank among top 10 highest on record if confirmed. A weather station near...
Sep 29, 20232 min readInterest in nature-related investments growingMore than two-thirds (69%) of global investors engaged in nature investment plan to increase their investments according to a new report...
Sep 13, 20232 min readSevere convective storm losses could affect 1 Jan reinsurance renewals: AonSevere convective storm (SCS) insured losses could influence the outcomes of the forthcoming 1 January 2024 reinsurance renewals period...
Sep 11, 20233 min readRisk-managing Nat CatBy Michael F. Rellosa IN earlier columns, we talked about how risks are managed, and given the continuing hard reinsurance market,...
Sep 11, 20232 min readHigher insurance costs ahead, with Saola and Hong Kong’s worst black rainstorm expected to generatemore claims than Mangkhut’s US$395 million in payouts Highly likely that the total claims due to the black rainstorm and Super Typhoon...
Sep 1, 20232 min readReinsurers withdrawing from providing Nat CAT coverGlobal reinsurers are cutting back on the covers they provide against medium-sized natural catastrophe risks due to investor pressure...
Aug 16, 20234 min readOver 1.24m households face home insurance affordability stressHome insurance premiums have jumped by 28% in the past year - the biggest rise in two decades, raising concerns that many Australian...
Jul 28, 20232 min readRegion hit by US$7bn economic losses from Nat CATs in 1HIn the Asia-Pacific region, natural disasters in the first six months of this year resulted in overall losses of approximately $7bn, of...