Natural Disaster Claims
Reinsurers face billions in California fire claims
Reinsurers face billions in California fire claims
Gallagher Re revised its insured losses estimation to $20b-$30b.
5 hours ago
South Korean insurers face $62m from LA wildfire losses
DB Insurance holds 37 active policies in the affected regions.
1 day ago
New Zealand records nearly 10,000 claims for damage from landslides
Losses from landslides have totalled $170m since January 2023.
Noto Earthquake claims reach $578.2m in May
Of the total claims collected, 68.7% were paid.
Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
ICA calls for national approach for disaster response
Australia’s insurance group wants a COVID-safe way to move personnel across the border.