Typhoons
Big Interview: Ola Jacob, Descartes Underwriting and Biba
Six months into his tenure at Descartes Underwriting, and not long after being announced as the new chair for Biba’s South East and London committee, Ola Jacob sits down with Scott McGee to talk about the potential of parametric insurance, and what his role at Biba entails.
Swiss Re suspends share buy-back programme as nat cats bite
Swiss Re has cancelled a share buy-back programme, following a hit from natural catastrophes, capital deployment and the suspension of Reassure's initial public offering.
Typhoon Faxai insured losses could hit $9bn: RMS
Catastrophe modelling firm RMS has estimated that the insured losses from Typhoon Faxai in Japan will be in the range of $5bn to $9bn (£4.1bn to £7.3bn).
Insured losses for Typhoon Jebi could hit $5.5bn
Insured losses from Typhoon Jebi will be between $3bn (£2.3bn) and $5.5bn (£4.2bn), RMS estimates.
Japanese flood losses pegged at $4bn
Insured losses from the June and July flooding in western Japan could total up to $4bn (£3.2bn), according to catastrophe modelling firm Air Worldwide.
Axa's Tanguy Touffut on how Big Data is enabling parametric insurance
Big Data and satellite technology are enabling parametric insurance, explains Tanguy Touffut, CEO of Axa Global Parametrics.
Typhoon Hato kills 10 and costs Hong Kong over HK$4bn
Typhoon Hato has killed 10 people in Hong Kong, Macau and China, injured 121 and will cost Hong Kong at least HK$4bn (£400m) in economic costs.
Hong Kong Observatory hoists typhoon signal 10 as Hato hits
The Hong Kong Observatory has raised typhoon signal 10, increased from signal 9 earlier, as of 9:10am this morning as powerful Typhoon Hato hits the Special Administrative Region.
The cost of Hong Kong's typhoons
A typhoon signal 8 warning can cost Hong Kong's economy as much as HK$4.29bn (£427m) each day writes Swiss Re Corporate Solutions head of north Asia and Hong Kong branch manager Dylan Bryant.
Typhoon Haima destroys crops and homes in Guangdong
Typhoon Haima shut down Hong Kong last Friday, caused around $500m (£400m) of economic losses in Guangdong and killed at least 13 people in the Philippines.
Hong Kong hit by flash flooding as city prepares for Typhoon Haima
Hong Kong was hit by flash flooding on Wednesday as the outer band of Typhoon Sarika brought heavy rain and strong winds to the Special Administrative Region.
Meranti insured losses could reach $1.15bn, says AIR Worldwide
Insured losses from September typhoon Meranti could reach $1.15bn (£850m) according to catastrophe modeling firm AIR Worldwide.
20 dead after strongest storm in Fiji's recorded history
At least 20 people have died after the strongest storm ever recorded in the southern hemisphere smashed into Fiji over the weekend.
No significant insurance losses from Typhoon Dujian, says AIR
Typhoon Dujian which hit Taiwan and China over the last few days brought strong wind and heavy rain but few insurance losses according to modeling firm AIR Worldwide.
RMS to develop typhoon model for Taiwan with help of local insurer
Risk management firm RMS is teaming up with MSIG Mingtai Insurance to help develop the RMS Taiwan typhoon model.
Typhoon Soudelor leaves widespread damage in China and Taiwan
Powerful storm Typhoon Soudelor has killed at least 14 people in Taiwan and 12 in eastern China; others are missing and over 100 were injured in Taiwan.
Typhoon Chan-hom leaves China with 8bn yuan losses
Last weekend's powerful Typhoon Chan-hom has left a trail of destruction mainly across Zhejiang province in China.
Peak Re partners with Shanghai Typhoon Institute
Hong Kong based reinsurer Peak Re and the Shanghai Typhoon Institute are partnering for research projects into the impact of tropical cyclones on the insurance market.
Hagupit death toll rises to 27
Typhoon Hagupit has now claimed the lives of at least 27 people in the Philippines.
Three dead in Philippines' typhoon
Typhoon Hagupit has been responsible for the deaths of three people in the Philippines after a weaker than expected storm.
Philippines braces for Typhoon Hagupit
Thousands of evacuations are taking place in the Philippines as a category storm 5 hurricane approaches.