Gallagher Re report finds that Q1 2024 natural catastrophe losses are down from a year earlier, as industry awaits a potentially more active storm and hurricane season
Where increasingly severe weather meets growing populations, property damage from wind, hail and flood may seem inevitable. Fortunately, there’s much that property risk engineers can do.
Jeff Huebner of CSAA and Zach Knight of Blue Forest offer their views on how we can manage our forests differently and perhaps better mitigate wildfire risk in the process.
The solar panels rapidly being deployed across the country are vulnerable to damage from hail and costly to replace, limiting their risk transfer options. Parametric insurance injects some much-needed flexibility.
With global insured losses from natural disasters hitting $108 billion in 2023, Swiss Re emphasizes the urgent need for adaptation measures and climate risk mitigation.
Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds
Insurers are making a major impact on the health of the world’s oceans through their support of blue bonds, a form of debt swap that enables developing nations to fund marine conservation efforts.
Emerging risks are always in mind for underwriters, but reinventing the wheel is rarely necessary to give brokers and insureds the new types of security they seek.
To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research.
As every community contends with its share of natural catastrophes, structural fortifications and business continuity planning can help today’s long-term care operators bolster their resilience.
Skilled nursing homes and assisted living operators in states like Florida are masterful improvisers, but an uptick in newcomers will require these professional caregivers to leverage the power of community more than ever before.
If the pandemic taught insurance anything, it’s that a unified and government-backed catastrophic peril coverage form might be the future for stability within the markets.