Global reinsurer leaves Net Zero Insurance Alliance
Global reinsurer Munich Re has withdrawn from the Net-Zero Insurance Alliance (NZIA). Munich Re is, however, sticking to its already...
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Fri, November 22, 2024
Mar 27, 20232 min read
Trillion-dollar global protection gaps identified
A new report by Global Federation of Insurance Associations (GFIA) has identified and quantified the most significant - and growing -...
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Feb 28, 20233 min read
Total economic and insured losses quakes likely to exceed US$25bn and $5bn respectively
Moody's RMS, a leading global catastrophe risk modelling and solutions company, estimates economic losses from the moment magnitude (Mw)...
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Feb 21, 20232 min read
APAC reinsurance hindered by natural hazard losses and inflation
With APAC's exposure to extreme weather events leading to unsustainable natural hazard losses and high inflation worsening them,...
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Feb 17, 20232 min read
Insured losses from climate events in recent weeks surpass 2022 losses from similar Nat CATs
Insured losses from the recent extreme weather events in New Zealand would exceed the comparable losses for all of 2022 which was already...
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Feb 15, 20232 min read
Glacial lake floods threaten 15m people globally
Over 15m people, with more than half of these living in China, India, Pakistan and Peru, are at risk from flooding caused by glacial...
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Feb 14, 20232 min read
Munich Re expects 6 Feb earthquakes to cost economic losses in the billions of dollars
It is still too early to estimate the total economic and insurance impact of this significant event. However, based on the widespread...
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Feb 13, 20232 min read
Insurable losses from earthquake could exceed US$4bn, with insured losses about $1bn
Insurable losses from the 6 February earthquakes that hit Turkiye and Syria are hard to estimate as the situation is evolving, but they...
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