Earthquakes
Reinsurers back Zurich quake bond
Munich Re and Swiss Re have acted as joint lead structuring agents in a $270m (£166m) catastrophe bond transaction that transfers North American earthquake risk to the capital markets, on behalf of Zurich Insurance Group.
US nat cats push global insured losses above 10-year average
Munich Re has called for greater loss prevention measures to be taken in the US, which saw 90% of worldwide insured losses in 2012.
Magnitude 7.2 quake strikes Indonesia
An magnitude 7.2 earthquake off Indonesia has been felt in Australia.
Limited damage after Japan quake
The magnitude 7.3 earthquake that struck off the northeast coast of Japan on Friday is not expected to have caused significant damage, according to catastrophe modelling firm AIR Worldwide.
Post Blog: Christchurch Earthquake - A Loss Adjuster's Diary (Day five)
Back in New Zealand following the earthquake, Benedict Burke visits a cardboard cathedral, ponders the Auckland tornado and disappoints his wife.
Magnitude 7.3 quake hits coast of Japan
A magnitude 7.3 earthquake struck the north-east coast of Japan on Friday, triggering a 1m tsunami.
Magnitude 7.3 quake felt in Tokyo
An earthquake measuring 7.3 on the Richter scale has struck off the north-east coast of Japan.
Post Blog: Christchurch Earthquake - A Loss Adjuster's Diary (Day four)
Back in New Zealand following the earthquake, Benedict Burke receives welcome news about Marmite, enjoys the sunshine and ponders Christchurch's residential red zone.
LMA publishes new nuclear exclusion clauses
The London Market Association has released the first in a series of nuclear and radioactive contamination exclusion clauses.
Post Blog: Christchurch Earthquake - A Loss Adjuster's Diary (Day three)
Back in New Zealand following the earthquake, Benedict Burke visits a different kind of shopping mall, consults with clients and considers stealing a wheelie bin.
Post Blog: Christchurch Earthquake - A Loss Adjuster's Diary (Day two)
Back in New Zealand following the earthquake, Benedict Burke discovers the impact on local services and the possibility of aftershocks, and talks skinny dipping with his team.
Post Blog: Christchurch Earthquake - A Loss Adjuster’s Diary
Having flown in to assess the latest recovery efforts from the series of devastating earthquakes and aftershocks that have afflicted New Zealand's south island city, Benedict Burke comes face to face with a rather different type of loss.
Storms and strikes among biggest concerns for insurers
Catastrophic acts of violence, mining strike contagion, unexpected 'perfect storms' and a nation paralysed by cyber terrorism are among the biggest risks facing the insurance industry, according to Willis Group.
Reinsurers have appetite for Asia-Pac business despite 2011 losses
The first three quarters of 2012 have proved relatively benign in terms of Asia Pacific insured catastrophe losses, according to a new Guy Carpenter report.
Philippines earthquake pool moves a step closer
The Philippines insurance industry, government and multilateral lending agencies hope to reveal further details of the country's first earthquake insurance pool in December, it has emerged.
Thailand floods: Back in business
The scale of the Thailand floods was not the only element to hamper recovery - they exposed a lack of loss mitigation and recovery knowledge in Asia.
Editor's comment: Causing tremors in the industry
You don’t have to look far for evidence that a ‘blame culture’ is spreading in our society, but there are surely few examples as alarming as the manslaughter convictions of six Italian scientists who failed to predict that a deadly earthquake would…
Lloyd's gains from best first half in five years
Lloyd's has recorded its best first-half results for five years, according to figures from Aon Benfield, reporting a pre-tax profit of £1.5bn for the first six months of 2012.
Kalista offers parametric catastrophe trigger for property
Bermuda-based Kalista Global has launched a property insurance product ahead of the January renewals with specific parametric catastrophe triggers to ensure savings.
September floods to cost Asia nearly $8bn
Asia is facing economic losses of nearly $8bn after heavy flooding throughout September, according to a catastrophe report by Aon Benfield.
RMS updates Japan earthquake model
RMS has released an update to its Japan Earthquake Model, incorporating a re-characterisation of hazard resulting from the 2011 Great East Japan (Tohoku) earthquake and tsunami.
Economic loss from Asia flooding nears $8bn
Flooding in Asia, and particularly China, has generated economic losses of more than $7.5bn, according to Aon Benfield.
Q&A with Lloyd's' Enrico Bertagna
Lloyd's Italy country manager Enrico Bertagna discusses the impact of recession, the country's growth sectors, and why he believes natural catastrophe provision in Italy needs a major overhaul.
RMS updates Japan quake model
Catastrophe modelling firm Risk Management Solutions has released an update to its Japanese earthquake model, factoring in lessons from last year's Tohoku quake.