Floods remain highly destructive and are expected to become even more frequent and intense. AXA XL has partnered with the Cambridge Centre for Risk Studies to examine over 100 catastrophes. This article sheds light on the research project and the role played by re/insurance solutions.
Managing and mitigating the risks associated with intangible assets is complicated by the fact that they, by definition, are indistinct. This article looks at the advantages of captives over traditional risk transfer solutions covering IP, data, brand and other intangible assets.
This article sheds light on the findings from two recently published case studies on Hurricane Katrina and Superstorm Sandy, which quantified the recovery issues faced and how disaster recovery efforts can be improved after severe storms occur in the future.
This special report examines one of the biggest challenges facing the insurance industry, and, more broadly, the world - the great divide between economic losses and insured losses, commonly called the protection gap. The report discusses this growing problem and what be done to address the issue.
When the last significant hurricane hit Florida, damage to pool screen enclosures accounted for 25% - 40% of the insurance losses. In this article, Wade Stier, Vice President and Underwriter of U.S. Property Treaty Reinsurance at XL Catlin, looks at this significant risk for insurers and reinsurers.
Risk assessment is needed as volcanic eruptions could impact companies’ infrastructure and supply chains as well as the national economy.
The Catastrophe risk tolerance study examines the catastrophe risk public disclosures of 101 reinsurers and insurers in four different sectors. The study includes the actual risk disclosures filed by each company and examines the variance of catastrophe risk exposures and tolerances in recent years.
Impact Forecasting evaluates the impact of the natural disaster events that occurred worldwide during March 2017. Topics covered: extensive severe weather hits the United States; Cyclone Debbie impacts Australia; proclaimed ‘coastal El Niño’ affects South America.
The April 2017 edition of the Reinsurance market outlook report provides a comprehensive analysis of the key variables in the market and highlights how April 1 renewals concluded with favourable terms for reinsurance buyers.
Produced by Lloyd’s in association with the Met Office, this report analyses the links between extreme weather events occurring in separate regions of the world that can take place over a range of timescales from days to years (known as teleconnections).