As climate change intensifies the frequency and severity of natural disasters across Europe, the gap between insured and total economic losses—known as the natural catastrophe insurance protection gap ...
Property Reinsurance/ILS Insurance-Linked Strategies is a hedge fund strategy that many of the largest pension, sovereign ...
According to the National Centers for Environmental Information, the number of natural disasters with damages exceeding a billion dollars rose from an average of three per year to over 17 in the last ...
California Insurance Commissioner Ricardo Lara chaired the meeting, which he opened by discussing a briefing prepared by NAIC staff on 2026 major catastrophes. The briefing, which will be updated ...
In many communities at high risk for natural disasters, a Wall Street financing tool that's gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak ...
Average annual insured catastrophe losses increased by approximately $19 billion in a year, the highest estimate Verisk has reported to ...
Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in ...
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The Philippine Catastrophe Insurance Facility: Building resilience in a vulnerable nation
THE Philippine archipelago stands at the unfortunate forefront of global vulnerability to natural disasters. Battered annually by at least 20 typhoons, prone to seismic activity due to its location on ...
Escalating catastrophe losses driven by climate exposure, development patterns and inflation are testing the limits of insurance markets and raising questions about long-term affordability, an Aon ...
MEXICO CITY, June 9 (Reuters) - Mexico's government has doubled the insured value of its national catastrophe insurance to 10.4 billion pesos ($596.65 million), renewing the policy for one-year from ...
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