Catastrophe Risks
Crumbling Foundations Captive Finalizes Participation for 61 Homeowners
The so-called crumbling foundations captive said it recently finalized program participation agreements for 61 homeowners previously awaiting funds (since June 19) from the captive that would allow them to begin scheduling contractors to work on their homes. Read More
Reinsurers "Uncomfortable" with Understanding of Wildfire Risk
According to S&P, reinsurers were "caught by surprise" by the back-to-back California wildfires in 2017 and 2018, and challenges persist in understanding this type of peril. Read More
Below-Average CAT Losses Boost Reinsurer Profitability
According to the latest information from Fitch Ratings, Fitch-monitored reinsurers grew by 11.3 percent in the first half of 2019, with underwriting profitability boosted by below-average catastrophe losses. Read More
Insured Catastrophe Losses $19 Billion First Half of 2019
Insured losses from natural catastrophes and man-made disasters in the first half of 2019 totaled $19 billion, according to Swiss Re Institute's preliminary sigma estimates. Read More
SONAR Report Examines Public Health Implications of Climate Change
The latest SONAR report from Swiss Re reveals 5 emerging risk trends and 15 emerging risk themes. With the report, Swiss Re seeks to initiate an informed dialogue about the future risk landscape that might lie ahead for insurers and reinsurers. Read More