Global Re/Insurance Industry Faces in Catastrophe Losses
Verisk report: Global Modeled Catastrophe Losses. The current challenges the global reinsurance industry faces in addressing recent catastrophe losses
Catastrophe losses
10 posts
Severe Thunderstorms the Main Driver for Insured NatCat losses
A series of widespread thunderstorms (severe convective storms) hit the US and account for 68% of global insured natural catastrophe losses
2023 U.S. Insured Losses from Hurricanes Have Risen over the 15 Years
Insured losses from hurricanes have risen over the past 15 years as hurricane activity has intensified
Florida Hurricane Catastrophe Fund’s Losses & Insurance Claims Outlook
Florida Hurricane Catastrophe Fund plays a vital role in Florida’s property-insurance system as it provides relatively low-cost reinsurance
Global Reinsurance Property Catastrophe Market Outlook
The past year and half have seen major changes in the global Reinsurance Property Catastrophe (CAT) market
Insurers Poorly Prepared for the Increased Losses by Catastrophe & Flooding
Re/Insurers poorly prepared for the increased loss frequency and intensity wrought by flooding and climate change as this year’s North Atlantic hurricane season
US Severe Weather Insured Losses in Q1 2023 Ranges of $7 bn to $9.5 bn
Q1 2023 severe weather insured losses should come in at a range of $7 bn to $9.5 bn of insured severe thunderstorm storm losses from hail
