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With warmer oceans serving as fuel, Atlantic hurricanes are now more than twice as likely as before to rapidly intensify from wimpy minor hurricanes to powerful and catastrophic, a study said ...
Tropical Storm Dorian is expected to strengthen, potentially approaching hurricane status by the time it gets to Puerto Rico Wednesday, but it won't pack the same punch as other storms in recent ...
It looks like economic and insured losses were relatively benign in the first six months of 2018. Global economic losses for natural disasters hit the $45 billion mark in the 2018 first half. Insured ...
An analysis of A.M. Best-rated property/casualty insurers based in the Caribbean reveals that hurricanes Irma and Maria were mainly earnings events, and that the responsiveness of reinsurers allowed ...
Fourth-quarter natural catastrophes took a toll on XL Group Ltd.'s bottom line, and the new Trump tax cuts will also cause some temporary pain, based on revised estimates from the Bermuda-based ...
The estimated $136 billion in catastrophe loss estimates for 2017 is one for the record books. But resulting, widespread reinsurance price hikes in 2018 aren't likely, Willis Re said in a new report. ...
In the year that President Donald Trump pulled out of the Paris accord and downplayed global warming as a security threat, the U.S. received a harsh reminder of the perils of the rise in the planet's ...
Rate hikes are on the way for reinsurers and insurers, Morgan Stanley asserts in a new research note, echoing predictions of others in the wake of record catastrophe losses for 2017. Morgan Stanley ...
Hurricanes Harvey, Irma, Maria and Nate broke records in late 2017 in terms of damages and insured losses. The strains they have caused on the marketplace could spur a wave of M&A activity a ...
ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing to raise more money and preparing to make new investments, ...
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