California’s home insurers paid out more than they collected in premiums
California’s homeowners insurers cumulatively paid out more than twice as much in claims and expenses as they collected in premiums in both 2017 and 2018
Insurance News
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Rental e-scooters cause more insurance accidents than privately used scooters
E-scooters in rental fleets cause significantly more accidents than privately used scooters, according to the German Insurance Association
August severe storms in Germany reach up to EUR 900 mn losses
Losses caused by end of August severe storms in Germany are expected to reach up to EUR 900 million, the German Insurance Association
Insurance Europe welcomes Climate Resilience Dialogue
The primary task of the Climate Resilience Dialogue is to exchange views on how to address the losses incurred from climate-related disasters and to identify
Insurance Europe welcomed the transparency ESG rating
Insurance Europe, the European insurance and reinsurance federation, has welcomed the European Commission proposal to improve the availability ESG rating
Swiss Re estimated insured losses from single quake in Japan of $130-150bn
Swiss Re estimate a single quake could cause insured losses of USD 130-150bn. A 100 years on from Great Kanto Earthquake
Insured losses for Hurricane Idalia $2.5-4 bn – Verisk estimates
Verisk estimates industry insured losses to onshore property for Hurricane Idalia will range from USD 2.5 billion to USD 4 billion
