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Hurricane Andrew losses

1 post
Florida’s Insurance Market Could Struggle to Respond to a Repeat of a Category 5 Hurricane

How Florida’s Insurance Market Could to Respond to a Repeat of a Category 5 Hurricane Andrew?

Because of significant exposure growth, the impact of social inflation, and climate change complications, Florida’s insurance market could struggle to respond to a repeat of a Category 5 hurricane
FEATURED IN INSURANCE
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    2023 Reinsurance Market Dynamics: Lessons of a Hard Market & Future Capital Flows
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    Bermuda Reinsurance Market Key Operating Data, Pricing & Terms 2023
Insurance & InsurTech NEWS
  • Munich Re combines risk assessment and e-application solution with insurtech PSG
  • Leading US life insurers experienced a drop in incomes & revenues
  • Lloyd’s of London 2022 financial performance: premium increased by over 19% to £46bn
  • Insurtech Kin Insurance secured $109 mn in Series D funding 
  • Insurtech Coalition released the framework Active Cyber Risk Model
  • Insurtech Cover Whale announced a partnership with SaaS AI-provider Netradyne
  • Insurtech Joyn Insurance addes of Brian Duperreault to board as an independent director
  • New estimate of the insured loss from Earthquake in Türkiye & Syria by PERILS

2022 Was Rough for Many US Auto, Property and Casualty Insurers

2022 Was Rough for Many US Auto, Property and Casualty Insurers

The US P&C industry recorded a net underwriting loss of $26.5 billion in 2022, worsening by $21.5 billion from the previous year
Global Insured & Economic Losses from Natural Catastrophes Outlook

Global Insured & Economic Losses from Natural Catastrophes Outlook

Natural disasters resulted in global economic losses of USD 275 billion, of which USD 125 billion were covered by insurance
Global Insurance Sector Outlook' 2023

Global Insurance Sector Outlook’ 2023: Insurers’ Growth and M&A Deals

Insurers received a boost from hardening property-casualty rates, but the growth outlook for the insurance sector in the 2023 year appears to be a mixed bag
Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks

Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks

Belgian and Dutch insurers’ conservative investment portfolios should be resilient to rising credit risks amid weakening economic conditions and tightening monetary policy

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