Archive

Destroyed bespoke homes could drive insured losses from LA wildfires beyond $25bn

Fine art losses and staging global sports events may drive the costs from the fires says BMS's Andrew Siffert

Severe storms and tornadoes slam southeast US

Hurricane Milton insured losses estimated at $30-50bn, says Fitch

Insurers brace for significant wind-related claims but event will not affect credit ratings

Hurricane Milton poses further devastation risk for Florida

Unusual storm track towards Tampa presents classic "grey swan" event

Bermuda faces "life-threatening conditions" from hurricane Ernesto, NOAA warns

Hurricane Ernesto is expected to impact Bermuda later today

South Carolina braced for historic rainfall from hurricane Debby

The storms strengthened to a category one hurricane as it nears Florida's Big Bend region

Cat 5 Beryl sets the tone for an intense Atlantic hurricane season

But insurers should not be surprised by the hurricane's emergence

Atlantic set for quietest hurricane period in 30 years

BMS says this is surprising given how active past August seasons have been