6+ day, 2+ hour ago   (427+ words) Gallagher Re has issued a preliminary loss estimate for the September 2 severe convective storm that hit the Greater Toronto Area, projecting that insured losses will reach "well into the hundreds of millions" of dollars, with the total economic toll higher…...

6+ day, 20+ hour ago   (392+ words) Insurance Business Parametric moves beyond weather as Howden Re builds dedicated practice Record allocations in a soft market signal that parametric is now a standing part of reinsurance programme design Parametric reinsurance allocations reached record levels in 2026 despite the softest…...

6+ day, 18+ hour ago   (384+ words) Subsidence claims in August hit their highest monthly level on record at Hastings Direct, the Guardian reported. Volumes were almost 140% higher than in the same month last year. The surge follows five heatwaves layered on the warmest spring ever recorded…...

1+ week, 3+ day ago   (176+ words) The World Meteorological Organization says the current El Niño is intensifying faster, and further, than its earlier forecasts suggested. UN secretary-general António Guterres has described the situation as a danger zone of extreme weather. For insurers, it's a redistribution of…...

2+ week, 4+ day ago   (450+ words) A flash flood on the Nepal-Tibet border has left at least 17 people dead and nearly 400 travellers missing, with the death toll expected to rise as rescue teams struggle to reach the worst-affected areas. Nepal Police confirmed the death toll to…...

2+ week, 6+ day ago   (460+ words) Insurance Business Met Office thunderstorm warnings put flash flood cover in the spotlight England recorded its driest July since records began in 1836. When the storms break on ground this hard, standard flood wordings face their toughest test The Met Office…...

3+ week, 2+ day ago   (867+ words) A federal flood insurance backstop promised since 2019, funded at $450 million and targeted for an April 2026 launch, still has no delivery date. With no public mechanism in place, the job of explaining who is and is not covered for overland flood…...