All reinsurance articles – Page 2
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Analysis
Pool Re warns of ‘perfect storm’ in geopolitics
Power games are increasingly being fought on multiple levels beyond physical conflict, including cyber warfare
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Analysis
AGCS: Above-average hurricane trend continues
Scientists believe climate change will make hurricanes wetter, increasing the risk of flooding
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Analysis
Climate crisis: Re/insurers must overhaul business models
Just 8% of insurers are resilience champions while 73% of policyholders rank climate among their top concerns
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Analysis
Pool Re slashes rates for terrorism cover
UK terrorism pool has announced the most significant reduction in its reinsurance pricing for 20 years
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Analysis
Michel Liès succeeds Denis Duverne as IDF chair
Liès is chairman of Zurich Insurance Group and formerly CEO of Swiss Re
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Analysis
PCS: Ukraine claims to exceed $20 billion
Ultimate industry losses will likely be much higher with potential for the conflict to surpass 9/11
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Analysis
Floods drive 2021 cat losses to $270 billion
Flooding in Europe in July was the costliest natural disaster on record in the region - sigma
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Analysis
Chaucer and Moody’s launch ‘game changing’ ESG scorecard
Tool will evaluate businesses’ risks and opportunities based on 158 different ESG metrics
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Analysis
Gallagher Re: 2021 third largest cat year for re/insurers
Reinsurance broker urges a rethink of the impact from “secondary perils” as extreme weather events drive loss tally
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Analysis
Campaigners target reinsurers in Baden Baden
Only a few reinsurers have so far publicly committed to phase out coal from their treaty business
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Analysis
Reinsurance bosses face up to systemic risks
Transparency is needed as re/insurers navigate the systemic risk potential of pandemics, cyber and climate change
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Analysis
Nat cats cost $77 billion in 1H
Insured losses are the second highest on record for a first half as climate change results in greater weather extremes - Swiss Re sigma
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Analysis
German floods to see sizable protection gap
There are renewed calls for a state-backed natural catastrophe scheme or introduction of compulsory flood cover
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Analysis
Pool Re forms advisory group for systemic risks
12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
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Analysis
COVID erodes macroeconomic resilience - Swiss Re
Insurance resilience is lowest for natural catastrophes, with the protection gap growing to a record $1.4 trillion
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Analysis
Kessler: Pandemic risk was ignored
Decisions-makers have “been making things up as they go along” and the “failings of public risk management are plain”, accuses SCOR CEO
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Analysis
Amrae: Risks rising for 46% of firms
89% have faced at least one risk that has threatened to destabilise their organisation in the past 12 months - QBE France
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Analysis
Insurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
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Analysis
Wide area damage principle is key to quantifying BI claims
An uptick in COVID-related BI claims is expected following the UK FCA test case, primarily from the hospitality sector
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Analysis
GVNW and German brokers call for state-backed pandemic solution
German risk and insurance association teams with brokers to call for a government-backed pandemic solution
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