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Moody's acquires casualty and liability modelling firm Praedicat
05 September 2024Firm was launched in 2012 by former RAND and RMS executives
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Nat cat losses highly likely to hit $240bn annually within next decade
05 September 2024Verisk publishes global modelled insurance losses report
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Moody's shifts global reinsurance outlook to positive
03 September 2024Sector profitability boosted by tightened policy terms and limited capital inflows
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Average annual insured loss from natcats grows to $151bn, Verisk estimates
03 September 2024Property exposure growth averages 7.2% over last five years
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Japan's non-life insurers braced for claims from typhoon Shanshan
02 September 2024Aon predicts "hundreds of millions" of dollars in insured and economic losses
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Allstate gets nod to hike California homeowner rates by 34%
29 August 2024Insurance commission has been looking to fast track rate rises in state
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Canada's Jasper wildfires caused $650m in insured losses
28 August 2024Wildfires join list of summer natcats pressurising country's insurance industry
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Australia faces up to climate insurance affordability crisis
26 August 2024Actuaries Institute finds 15% of homes now under "insurance affordability stress"
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NAIC's "dangerous" climate analysis proposals highlight US state split
22 August 2024RBC climate scenario analysis adopted despite fierce opposition from cat-prone states
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Hawaii's 2023 wildfires a "wake-up call" for insurers
21 August 2024Moody's details lessons learned from last August's fires