The recent mountain fire which broke out on November 6 in Ventura County of Southern California is expected to drive notable insured losses, according to global

According to Morningstar DBRS, insured losses from the extreme weather phenomenon (commonly known by its Spanish acronym DANA (Depresión Aislada en Niveles Altos) that caused

The U.S. Federal Emergency Management Agency (FEMA) has said that Hurricane Helene could drive National Flood Insurance Program (NFIP) claims of up to $7 billion,

Christoph Jurecka, Chief Financial Officer (CFO) of global reinsurer Munich Re, said this morning that he expects property catastrophe reinsurance rates, overall, to be flat

Preliminary estimates from global reinsurance broker Gallagher Re have placed the potential public and private insured losses from October’s Spanish floods between €1.5 billion and

This year, insured catastrophe losses have already exceeded $100 billion and are expected to easily breach the $120 billion mark, but with reinsurers poised to