Munich Re confirms €6 billion profit target for 2025 amid wildfire losses
The global insurance industry has so far weathered broader economic challenges, with natural disasters in the US continuing to play a critical role in determining
The global insurance industry has so far weathered broader economic challenges, with natural disasters in the US continuing to play a critical role in determining
“Severe weather events are increasing in frequency and severity, and consumers are looking for faster, more proactive solutions from their insurers,” said Chris Lafond, chief
“While each fire is unique, for context, actual claims following a fire have historically represented, on average, about 31% of the total exposure in that
Anthony R. O’Donnell // January 21, 2025 (Dan Schuleman, co-founder and CEO, and Shiv Sinha, co-founder and CTO of Qumis. Source: Qumis.) Qumis (Chicago) a
Article 0 Comments Hewlett Packard Enterprise Co. says it’s investigating a potential cyber incident from a hacking gang that’s also breached other technology giants. The
Article 0 Comments Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in the path
Article 0 Comments The Federal Emergency Management Agency said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758
Article 0 Comments Two insurance companies have asked a court to block a $19.7 million claim by owners of more than two dozen forged Jean-Michel
Anthony R. O’Donnell // January 17, 2025 (Image source: ACORD.) The adoption of ACORD standards in the reinsurance sector is leading the way toward broader
Article 0 Comments California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms. That means