David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future...
natural catastrophes News
Insured losses from natural catastrophes could soar to $145 billion this year — well above the 10-year average — as...
Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025, with...
“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as...
American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but...
It was all about the storms this year. They were the big news surrounding the insurance industry, with several named...
Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according...
As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be...
Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...