US primary insurance company Travelers has added an additional $1 billion lower layer to its catastrophe excess-of-loss (XoL) ...
While headline global insured catastrophe loss estimates are all pointing to a tally below averages, reinsurance broker ...
Global economic losses from natural disasters reached approximately US$260 billion (A$384.8 billion) in 2025, below the ...
The increase in costly climate-related disasters has fueled the growth of so-called catastrophe bonds in the past few years. These are bonds issued by insurance and reinsurance companies — and ...
SageSure Holdings, LLC ("SageSure"), the largest residential property MGU in the US specializing in catastrophe-exposed markets, and GeoVera Nova Holdings, Inc. ("GeoVera Nova"), a leader in ...
Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...
When major disasters strike — like hurricanes, earthquakes or wildfires — the financial losses can be massive. Insurance companies often struggle to cover all claims. This is where catastrophe bonds ...
The move comes as major insurers such as State Farm have stopped writing new policies in California and other states following an intensifying barrage of disasters that, along with expanding real ...
In one key respect, we are better prepared than when Hurricane Katrina roared through the Gulf states. We remember all too well the fumbling among the governmental entities involved with coordinating ...
In January, the Bulletin of Atomic Scientists announced that its Doomsday Clock was remaining at an ominous 90 seconds to midnight. The Clock is an annual clarion call for the threats—nuclear weapons, ...
When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in history, it became clear that a lot of the city’s flood protection ...