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SCS insured losses accounted for 48% of all global losses last year. -
Renfe has mandatory accident insurance with Everest and liability cover with QBE.
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Increased vegetation could spell trouble in the future.
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The ICA has escalated its ‘significant event’ declaration to ‘insurance catastrophe’.
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The broker has analysed the differences in wildfire risk between Northern and Southern California.
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The LA wildfires resulted in the largest insured loss of the year, at $40bn.
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The property insurer has secured significant additional capacity for its FM Intellium unit.
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November hailstorms and current storms and bushfires racked up claims.
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Tokio Marine HCC, Chubb, IQUW and BluNiche are also on the tower.
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What is the strategic thinking behind The Fidelis Partnership’s unique business model?
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The food corporation has not taken out a product recall policy which would respond to the incident.
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The event is the second billion-dollar SCS event to hit the country within a month.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
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Price has become a key differentiator in marine and energy.
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Cedants pursued property renewals “aggressively” amid excess reinsurer capacity.
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Most Covid BI claims are due to lapse in March 2026.
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Insurance Insider reflects on major loss events of 2025 for the London market.
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The downstream market has suffered a string of costly claims this year.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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As demand rises across the digital asset space for multiple forms of crypto-related insurance, competition is building.
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The storm outbreak follows similar events in the area in 2020 and 2023.
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
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The highest portion of losses was experienced in Alberta.
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The mechanism would work similarly to Flood Re.
