Reinsurance M&A Slows Amid Macroeconomic Risks, Higher Natural Disaster Claims August 15, 2022 Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and...
Rhine River Water Levels in Germany Keep Falling, Forcing Ships to Sail Partly Loaded August 8, 2022 Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot...
Global Insurtech Investment Down 50% in Q2: Gallagher Re August 4, 2022 Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as...
Europe’s Rhine River on Brink of Becoming Impassable as Water Levels Drop August 3, 2022 By Jack Wittels, Kwaku Gyasi and Laura Malsch Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively...
Landfills Soon Could Be Inundated With Thousands of Wind Turbine Blades: Study August 3, 2022 A new study led by the University of South Australia indicates tens of thousands of wind turbine blades will end...
Floods, Storms Drive Global Insured Catastrophe Losses of US$38B in H1 2022: Swiss Re August 2, 2022 A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number...
England Records Driest July Since 1935 Amid Searing Heat Wave August 2, 2022 By Priscila Azevedo Rocha England had the driest July since 1935 amid a searing heat wave that pushed infrastructure to the brink and severely...
Climate Change Made Deadly UK Heat Wave at Least 10 Times More Likely: Study August 1, 2022 By Eric Roston The UK’s heat wave earlier this month fueled so many blazes in London that the city’s fire service was busier...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 1, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon July 27, 2022 Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher...