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WEBPreventative measures will reduce Central European flood cost – Moody’s. 2024-09-20T00:37:00+01:00. Central Europe floods follow events in 2013, 2002, 1997 and 1954, all of which were associated with the ‘Vb’ weather pattern.
Howden Re highlights improved Central European flood resilience
WEB4 hours ago · Howden Re has released a report into the recent floods that struck Central Europe, especially parts of Germany, Austria, Czechia and Poland. Central Europe is again facing a continuation of summer flooding, after last year’s events in Italy and Slovenia, the 2021 Bernd floods and prior reference events for the region in 1997, 2002, 2010 and 2013.
Where are all the new reinsurers? | Global Reinsurance
WEBSep 6, 2024 · Where are all the new reinsurers? A hardening market usually heralds the arrival of new reinsurers, but this has not happened in 2023 and 2024. Two analysts from AM Best recently sat down with Global Reinsurance to try to explain why. It is no secret that the insurance industry has experienced a hard market for reinsurance, a process that ...
Smooth 1/1 helped by reinsurer profits, higher ... - Global …
WEBJan 3, 2024 · Global reinsurance capital surpassed $635bn at the nine-month point of 2023, according to Aon.
Reinsurance analysis and insight | Global Reinsurance
WEBInsurance resilience tested by Covid-19 as global protection gap climbs to $1.24trn. Covid-19 is expected to hit global financial resilience hard, with research from Swiss Re forecasting a 20% drop in global resilience as a result of the pandemic as stimulus packages deplete economies’ fiscal and monetary headroom.
Reinsurance Latest News | Global Reinsurance
WEBAs climate change and shifts in land use drive an increase in flood events, Rupert Bidwell, ICEYE’s vice president, insurance solutions, explains how satellite data can help insurers size the impact of the event, manage capital and set reserves much more quickly and effectively. The latest reinsurance news for reinsurers, insurers, brokers ...
Gallagher Re: Reinsurers make ‘strong start to 2024’
WEBJul 1, 2024 · Gallagher Re: Reinsurers make ‘strong start to 2024’. 1 July 2024. The first quarter of 2024 has also shown strong results, with up to a 12% improvement in reinsurers’ combined loss ratios, according to the reinsurance broker. Reinsurers have built on the near record returns in 2023 with a strong start to this year, according to Gallagher ...
Reinsurance interviews | Global Reinsurance
WEB5 days ago · Hail risk putting pressure on renewables – GCube CEO. Fraser McLachlan warns that hail is becoming an increasingly serious threat, with re/insurers keen to limit exposure, which represents a challenge for new renewable energy projects. Reinsurance Interviews with key influencers.
A new baseline for reinsurance has been reached - Everest Re
WEB6 days ago · A new baseline for reinsurance has been reached - Everest Re. In the current environment, global risk-adjusted returns are expected to remain favorable at 1/1 and throughout 2025, says Jill Beggs, Everest Reinsurance executive vice president and chief operating officer. Today’s heightened risk landscape has become the “new normal” on a ...
Rance to lead Miller’s reinsurance broking strategy and innovation
WEB4 days ago · Miller has announced two new appointments to its reinsurance practice, with Steven Rance joining as head of reinsurance strategy and innovation. Rance (pictured) joins from Price Forbes Re, where he led its specialty division, and brings more than 35 years’ experience in the global financial services arena. This includes six years as a ...