News

Risk Management

Strikes, riots, civil unrest cost insurers $10bn since 2010

Recent protests in US and France each had $1bn insured cost.   30 April 2025

Alternative Risk Transfer

Leaders in Parametric: Guillermo Franco

Like many in the industry, Franco ended up working in insurance by accident.   6 May 2025

Reinsurance

TWIA goes to market: puts half of 2025 needs at top of tower

Texas windstorm association on track to have full programme in place ahead of June 1 deadline.   30 April 2025

Alternative Risk Transfer

Leaders in Parametric: Tom Johansmeyer

The alternative risk transfer specialist began his career during the ‘dotcom boom’ at Deloitte and is a US Army veteran.   6 May 2025

Insurance

US P&C carriers return to underwriting profit in ’24; glitches remain

Homeowners could be on track for seventh straight year of losses in 2025, APCIA warns.   21 March 2025

Reinsurance

TWIA heads to market mid-year hunting $1.7 billion in reinsurance

Massages its models to cap its needs, going with most forgiving forecasts.   26 February 2025

Reinsurance

TWIA may face 32% increase in reinsurance limit purchase in 2025

Increase comes on a low double-digit rise in model PMLs and a hope to cut retentions.   20 February 2025

Insurance

Farmers puts California wildfire net losses at $600m

Estimate net of its per-occurrence reinsurance programme and gross of tax.   19 February 2025

Insurance

Four top cat modellers file for California wildfire model approval

The race for model approval began as insurance pricing reform took effect January 1.   3 February 2025

Insurance

Travelers faces $1.7bn loss from California wildfires

Estimated assessments from California FAIR Plan and reinsurance recoveries included.   11 February 2025

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