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People & Social News
Reinsurance capital grows by 7% worldwide
Total capital dedicated to reinsurance grew by 7% to reach $658bn (£490bn) last year worldwide, while there were also signs of an underlying improvement to the industry's combined ratio.
Tuesday 13th April 2021
Insured losses from natural disasters rise by 50%
Global insured losses from wildfires, flooding and other natural disasters increased by 50% last year amid ongoing climate change and urbanisation, Swiss Re has revealed.
Tuesday 30th March 2021
InsurTech investment hits record high
Insurance technology companies attracted a record $7.1bn (£5.15bn) of investment across 377 deals last year, analysis by Willis Towers Watson (WTW) has revealed.
Tuesday 9th February 2021
Natural disasters expose huge insurance protection gap
Around two-thirds of the economic losses resulting from natural disasters last year were not covered by insurance, and the protection gap continues to grow due to the world's changing climate.
Tuesday 26th January 2021
Insured losses from natural disasters rise in 2020
Insurance companies suffered significantly higher losses from natural disasters in 2020 than they did the previous year, research from Munich Re has revealed.
Wednesday 13th January 2021
Piece by piece
Using piecewise Pareto distribution could help create better outcomes in reinsurance treaty pricing, says Saliya Jinadasa
Wednesday 7th October 2020
Lloyd's proposes insurance solutions to prepare for future pandemics
Lloyd's of London has published a number of ways for the insurance industry to fast-track a global economic and societal recovery from COVID-19 and prepare for future pandemics.
Wednesday 15th July 2020
Flood Re publishes eight-point plan for flood insurance market
The UK government must not increase flood risk through inappropriate housing development under a new eight-point plan published today by Flood Re.
Monday 1st June 2020
FERMA calls for new framework to address lack of business interruption insurance
The Federation of European Risk Management Associations (FERMA) has called on the European Commission to create a resilience framework to address a “severe shortage” of business interruption insurance without physical damage (NDBI).
Wednesday 27th May 2020
Interview with Steve Hales: People person
Steve Hales talks to Dan Georgescu about working abroad, data science, and the importance of putting people front and centre
Wednesday 4th March 2020