Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published...
Alberta wildfires News
Lloyd’s reported 2016 pretax profit of 拢2.1 billion pounds ($2.6 billion), level with 2015, despite a worsening of the market’s...
Insured damages from Canadian natural catastrophes during 2016 topped C$4.9 billion (US$3.7 billion) 鈥� smashing the previous annual record of...
More than 10,000 people died as a result of natural and man-made disasters during 2016, with financial losses totaling at...
Some five months after the wildfires that devastated Fort McMurray were extinguished, anger over red tape and the slow pace...
The Lloyd’s of London insurance market is already working on plans to move some business to the European Union, aiming...
It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors...
Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44...
China’s seasonal “Mei-Yu” rainfall in July led to the worst flooding since 1998, bringing total combined economic losses of an...
Allianz SE said second-quarter profit almost halved, missing estimates, as Europe’s biggest insurer faced higher claims from natural disasters and...