Natural catastrophes (Nat Cats)
United India wants to expand agriculture insurance to Maharashtra
United India Insurance wants to sell agriculture and weather products in Western India.
M6.3 earthquake hits Iran's southwest coast
An magnitude 6.3 earthquake struck 55 miles southeast of Bandar Bushehr near Iran’s southwest coast on April 9.
55m affected by disasters in China and the Philippines in 2012
New research shows China and the Philippines were the countries most affected by disasters last year.
Extended winter caused billions of dollars of damage in March
France, Germany, the Ukraine and Japan were worst hit by claims in March as snow and cold weather continued throughout the month, according to Impact Forecasting's latest research.
Floods devastate Argentina's capital
Flash flooding in Argentina has claimed more than 50 lives and halted production at the country’s largest oil refinery.
Market losses support improvements to flood and windstorm database
Catastrophe insurance data provider Perils has updated the property sums insured exposed to UK flood as part of an update to its Europe Industry Exposure Database.
The Thai flood: Two years on
The size and scale of the floods in Thailand in 2011 came as a shock to many despite the fact it was a flood prone area. Andrew Tjaardstra discovers how shock waves are still being felt and how risks are being reassessed.
Earthquake insurance premiums to rise 15% in Japan
The Non-Life Insurance Rating Organisation of Japan has recommended to raise average earthquake premiums for buildings by 15.5% in July 2014.
Savage upbeat on motor market outlook
Lloyd's finance director said the UK motor insurance market is "over the worst of the soft cycle" and has expressed confidence that upcoming government reforms will further improve the sector's outlook.
Sandy topped 2012 losses while Italy saw record earthquake damage
A rare series of Italian earthquakes caused insured losses in excess of $1.6bn in 2012, the highest ever recorded in the country, according to Swiss Re.
Lloyd's profit hits £2.8bn after lower cat losses
Lloyd's has reported a 2012 pre-tax profit of £2.77bn following a loss of £516m in 2011.
View from the Top: Time is running out
With agreement on the future of flood insurance still out of reach, the government must pick up the pace, says Bronek Masojada.
FM Global shrugs off Sandy
Property and casualty insurer FM Global secured a profit of $774m in 2012 and a COR of 85.7% despite 2 200 claims from superstorm Sandy.
Drought continues in New Zealand
New Zealand has been suffering from an unusually dry summer with little rainfall.
Disaster management initiative starts in Australia
The University of Melbourne, IBM and Australia's national research centre NICTA are developing the Australia Disaster Management Platform to help co-ordinate disaster rescue efforts.
Australia government report recommends no subsidies for property insurance
An Australian government advisory report will help protect communities from extreme weather says Insurance Council of Australia CEO Rob Whelan.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Drought frequency has doubled in two decades, says Munich Re
According to Munich Re, droughts have become far more common in recent years.
Zurich unveils Red Cross flood alliance
Zurich Insurance Group has formed a CHF 21m five-year alliance with the International Federation of Red Cross and Red Crescent Societies.
View from the Top: There may be trouble ahead
A catalogue of natural disasters in recent times have been pushing our industry’s bottle to the brink, says Peter Hubbard.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days
Jakarta braces for more floods
Emergency authorities in Jakarta are preparing for more flooding as water reached very high levels at a major dam.
Amlin returns to profit after £141m Sandy claims
Amlin has posted a pre-tax profit of £262.2m for the year ending 31 December, swinging into profit after a £193m loss in 2011.
Lancashire leads pack with "thumping" 2012 result
Lancashire’s 2012 results place it “firmly at the front of its peers in terms of underwriting delivery and return of capital”.