Global insurance and reinsurance broker Aon has estimated that Cyclone Alfred’s economic and insured loss impacts will reach at least into the hundreds of millions

The Insurance Council of Australia (ICA) has revealed that insurers have received more than 22,000 insurance claims from policyholders across southeast Queensland and northern New

Cayman Islands-domiciled reinsurer Greenlight Capital Re, Ltd. has reported a 28% increase in gross premiums written (GPW) for the fourth quarter of 2024 to $143.8

Zurich-domiciled catastrophe insurance data provider, PERILS, has placed its initial industry loss estimate for extratropical windstorm “Éowyn”, also known as “Gilles” at €619 million, based

Parametric weather insurtech Vortex Insurance has expanded its hurricane insurance program to provide supplemental coverage for all hurricane categories (1-5) which includes fast, automatic payouts,

In a recently published systemic risk scenario, the specialist Lloyd’s insurance and reinsurance marketplace has highlighted that a hypothetical solar storm could expose the global

State Farm General has estimated direct losses from the Los Angeles wildfires at $7.6 billion, with retained losses after reinsurance at $212 million and its

The UK P&I Club has successfully completed the 2025 P&I renewal, gaining new business in 2024, which is expected to slightly increase its market share

The US property and casualty (P&C) insurance industry saw a significant improvement in its 2024 results, with momentum expected to continue into 2025, despite an

U.S. primary insurer Allstate has estimated catastrophe losses for the month of January at $1.08 billion, or $849 million after tax, after accounting for $1.40