Hurricane Ian Drives Natural Catastrophe Insured Losses to $115 bn
2022 is the second consecutive year in which the estimated insured losses total more than USD 100 billion
Natural insured losses
Natural Insured Losses review on Beinsure Media focuses on financial losses incurred from natural disasters that are covered by insurance policies. These losses arise from events such as earthquakes, hurricanes, floods, and wildfires, which can cause significant damage to properties and infrastructure. Insurance companies assess these losses to determine the extent of their liability and to manage their risk exposure.
This category includes analysis of claims data, trends in loss frequency and severity, and the financial impact on both insurers and policyholders. By tracking these losses, insurers can improve their risk management strategies and refine their coverage options. Understanding natural insured losses helps in forecasting future risks and setting appropriate premiums.
Parametric Catastrophe Bonds and Alternate Risk Transfer Mechanisms for China’s Market
Even as countries across the globe grapple with climate change, alternate risk transfer mechanisms like parametric solutions are emerging as the best option
5 Largest Natural Catastrophes. Weather-related Events Drove $130 bn Losses
Weather-related Events drove economic losses of $65 bn, which is down on last year’s $105 bn, with insured losses staying roughly the same at approximately $34 bn
Major deals have led global M&A activity in 2024, showing increasing confidence among dealmakers despite geopolitical and economic challenges
Hurricane Milton is anticipated to be one of the most powerful and economically detrimental hurricanes to make landfall in the western region of Florida
There are approximately 133 million healthcare data breaches each year. Healthcare systems remain complex to secure, and cybercriminals take full advantage of this
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard