Property catastrophe

Risk Spotlight

Our new docuseries for 2022 that will answer the industry’s biggest questions

HDI’s Vigier: France has a long journey to being a captive-friendly domicile

David Vigier, chief commercial officer and head of captives strategy at HDI, told The Insurer TV that France’s regulatory overhaul in 2023 to become a captive-friendly domicile took years of lobbying from the risk management community.

It is my belief that we are at the beginning of a global parametric insurance revolution. Parametric is the lead violin in a symphony of risk transfer

Bradley Meier, CEO of NormanMax Syndicate 3939

Latest Property catastrophe news

GC’s Darr: SCS “most uncertain peril” where modelling is concerned

Closing the protection gap: Paula Jarzabkowski and Julian Enoizi on the need for a collaborative approach

Swiss Re’s Steinmann: Up to $5bn of additional EMEA property cat limit set to be purchased at 1.1

NSF’s Ransom urges industry to join US agency-led initiative to improve climate models

All insurance-related companies are encouraged to take part in a forthcoming US federal initiative designed to improve climate and catastrophe models, according to National Science Foundation program director Dr Barbara Ransom.

Swiss Re’s Scotti: Industry key to “de-risking” infrastructure projects in emerging markets

Everest’s success steeped in growing international reinsurance division

Moody’s RMS’ Rahnama: 2020-2030 nat cat losses to nudge ~$2trn

IGI’s Jabsheh: Too soon to even consider property cat rate reductions

Scor’s Bartlett: Nat cat retreat validated by 2023 losses

MS Re’s Wiest: Cat capacity is being eroded by inflation

Moody’s RMS’ Muir-Wood predicts “significant” Mediterranean floods this year

ReinsuranceMonth

Property catastrophe

Moody’s RMS’ Muir-Wood predicts “significant” Mediterranean floods this year

Record temperatures this summer will lead to “significant” floods around the Mediterranean later in the year, Moody’s RMS chief research officer Robert Muir-Wood has warned.

Wed 13 Sep 2023

Swiss Re’s da Victoria Lobo: SRCC risks increasingly front of mind for reinsurers

ReinsuranceMonth

Losses

Swiss Re’s da Victoria Lobo: SRCC risks increasingly front of mind for reinsurers

Reinsurers are increasingly concerned about losses from strikes, riots and civil commotion after a surge in political unrest this year, according to Swiss Re’s head of P&C reinsurance for western and southern Europe, Nikhil da Victoria Lobo.

Mon 11 Sep 2023

Moody’s RMS’ Steel: Generative AI is a real game-changer for the industry

ReinsuranceMonth

Technology

Moody’s RMS’ Steel: Generative AI is a real game-changer for the industry

Generative AI offers a “huge amount” of capabilities that can help enhance modelling and event response, as well as deliver process improvement for the wider industry, according to Moody’s RMS general manager Mike Steel.

Sun 10 Sep 2023

Swiss Re: $100bn nat cat loss years are the “new normal”

ReinsuranceMonth

Losses

Swiss Re: $100bn nat cat loss years are the “new normal”

Swiss Re’s Urs Baertschi has warned the industry that annual cat losses of $100bn per year should be considered the “new normal” following an estimated $50bn of market-wide losses during H1.

Sun 10 Sep 2023

TransRe’s Brandt: Falling casualty and PL cede commissions not yet near floor

Gallagher Re’s Wakefield: Reinsurers have successfully insulated themselves from mid-sized losses

WDS CEO: Insurers need to take “dramatically different approach” to climate change

NOAA’s Rosencrans: “It's like two titans going at it right now”

MS Re’s Goldie: Property cat market now less chaotic, but one push on pricing not enough

Moody’s RMS’ Biyikoglu: Siloed systems and complex integration detrimental to modelling capabilities

Most read Property catastrophe articles