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Reinsurance

German insurers’ combined ratios could rise 5% due to floods

German insurers’ combined ratios could rise 5% due to floods

Last week's severe floods in Germany could add up to 5% to the country's non-life insurers’ net combined ratios, according to Fitch Ratings.
Wednesday 21st July 2021
Open-access content
Global insurance premiums soar amid Covid turmoil

Global insurance premiums soar amid Covid turmoil

Rising risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines are forecast to push total premium volumes 10% higher than pre-COVID-19 levels this year.
Wednesday 21st July 2021
Open-access content
Net-Zero Insurance Alliance launched ahead of COP26

Net-Zero Insurance Alliance launched ahead of COP26

Eight of the world’s leading insurers and reinsurers have committed to transition their underwriting portfolios to net-zero greenhouse gas emissions by 2050 with the formation of a new initiative.
Wednesday 14th July 2021
Open-access content
Australia consults on cyclone reinsurance pool

Australia consults on cyclone reinsurance pool

Australia’s federal government is consulting on proposals for a cyclone reinsurance pool taskforce.
Tuesday 25th May 2021
Open-access content
Natural catastrophes accelerate reinsurance demand in Asa-Pacific

Natural catastrophes accelerate reinsurance demand in Asa-Pacific

The growing frequency of natural catastrophes has increased demand for reinsurance in the Asia-Pacific (APAC) region as domestic insurers seek financial resources to cover the risks.
Friday 21st May 2021
Open-access content
Reinsurance capital grows by 7% worldwide

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
Open-access content
Insured losses from natural disasters rise by 50%

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
Open-access content
InsurTech investment hits record high

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
Open-access content
Natural disasters expose huge insurance protection gap

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
Open-access content
Insured losses from natural disasters rise in 2020

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
Open-access content

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