Climate change shows 'claws' with rising costs for disasters, Munich Re says
Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from ...
Hurricane Milton caused largest insured losses from any natural disaster in 2024, analysis concludes
Hurricane Milton, which hit Florida in October, caused about $25 billion in insured losses, the largest amount of insured ...
Insurance Insider3d
Munich Re pegs insured nat cat loss bill at $140bn in 2024
Hurricane Milton produced the highest insured losses of the year, totalling $25bn. Munich Re noted that Hurricane Helene ...
Milton caused the largest insured losses in 2024
Hurricane Milton, which hit Florida in October 2024, caused about $25 billion in insured losses, the largest amount of ...
Artemis12d
Munich Re starts Eden Re II 2025 sidecar with $64.5m Class A notes, largest since 2019
Munich Re has been back in the capital markets to secure quota share based retrocession and to start the 2025 sidecar arrangement for the reinsurer, its ...
LA fires could hit $50 billion or more in damages. They're shaping up to be the most expensive in state history.
"This is likely to end up being one of the most expensive wildfires in modern California history," said AccuWeather's chief ...
Deadly LA wildfires to cost over $50 billion in damages, becoming one of the worst natural disasters in U.S. history
The damage is expected to far exceed the $16 billion in economic losses from Maui's wildfires two years ago. Weather now ...