Property
Venezuela quake economic loss could be in the billions
Insured losses expected to be considerably lower given significant protection gap, brokers report
Reinsurer earnings to peak in 2026 as loss cycle shifts
Natural catastrophe activity expected to bottom out this year while pricing will continue to fall, the rating agency says
$388bn of data centre asset value exposed to climate impacts
New study reveals unpriced climate exposure and a measurable opportunity for resilience investment
Insurers accelerate AI use in underwriting
Survey finds 40% of respondents use AI, mainly to process applications
MS Amlin joins Natural Disaster Fund as capacity provider
Lloyd’s carrier to provide up to $50m of capacity to support risk transfer vehicle’s work with vulnerable communities across the Global South
The contagion of uninsurability
Aon, Convex and Santander welcome the ClimateWise Insurability Readiness Matrix to help increase the insurability of assets against climate change
Insurance Europe criticises nat cat pool proposal
Trade body says ‘supply side’ fixes would be ineffective
Insurers face growing pressure on expenses as market softens
Insurers must balance the need to keep costs under check while continuing to invest in AI and other technologies that will keep them competitive in the future
ClimateWise launches ‘insurability matrix’
New tool helps re/insurers manage exposure to physical climate risks
June storms see billions in losses across North America
Severe convective storm insured losses surpass $22bn for the year to date, according to Gallagher Re
LM Re partners with Mexico on parametric quake cover
Parametric insurance policy is designed to support rapid payouts and post-event decision making after earthquakes and volcanic activity
Ireland’s ‘thriving’ insurtech sector ‘could be European leader’
EU connections, ample labour force and supportive government provide an ideal environment for a growing sector
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