January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 5 months ago
Insurer in Full: The 12 themes of 2023 – Part 1
The Insurer’s European and US editorial team pick their 12 most significant events or trends that took place in 2023 and helped define the year…
The Insurer’s European and US editorial team pick their 12 most significant events or trends that took place in 2023 and helped define the year…
Article / 5 months ago
Insurance claims from Maui wildfires soar above $1 billion - Hawaii Tribune-Herald
A breakdown of the first insurance data for the Maui wildfires shows more than 6,079 residential property and personal motor vehicle claims totaling more than $1.35 billion have been filed for losses in West Maui and Upcountry Maui.
A breakdown of the first insurance data for the Maui wildfires shows more than 6,079 residential property and personal motor vehicle claims totaling more than $1.35 billion have been filed for losses in West Maui and Upcountry Maui.
hawaiitribune-herald.com /
Article / 6 months ago
Munich Re lifts guidance on lower major losses, despite €200m Maui wildfire hit
Munich Re has delivered another very strong quarter of results, helped by major losses and natural catastrophe costs coming in below expectation, which
Munich Re has delivered another very strong quarter of results, helped by major losses and natural catastrophe costs coming in below expectation, which
Article / 6 months ago
Preliminary Hawaii insurance division count pegs wildfire losses at $1.35bn
Preliminary data collected from 200 insurers through September 30 points to total losses of about $1.35bn for the August Hawaiian wildfires....
Preliminary data collected from 200 insurers through September 30 points to total losses of about $1.35bn for the August Hawaiian wildfires....
Article / 6 months ago
Hawaii Electric’s Insurance is Fraction of Potential Fire Claims
Nearly two months after the deadly Maui wildfires, Hawaiian Electric Co. revealed the limited scope of insurance coverage it holds in...
Nearly two months after the deadly Maui wildfires, Hawaiian Electric Co. revealed the limited scope of insurance coverage it holds in...
Article / 7 months ago
Hawaiian Electric CEO defends decision not to de-energize lines
Hawaiian Electric CEO Shelee Kimura on Thursday defended the utility’s decision not to de-energize power lines before high winds precipitated a deadly wildfire that killed at least 115 people and...
Hawaiian Electric CEO Shelee Kimura on Thursday defended the utility’s decision not to de-energize power lines before high winds precipitated a deadly wildfire that killed at least 115 people and...
Article / 8 months ago
First congressional hearing on Maui wildfire to focus on island's sole electric provider and grid - AP News
Hawaii’s top public utility officials and the president of Hawaiian Electric are expected to testify in a congressional hearing about the role the electrical grid played in last month’s deadly Maui wildfire.
Hawaii’s top public utility officials and the president of Hawaiian Electric are expected to testify in a congressional hearing about the role the electrical grid played in last month’s deadly Maui wildfire.
apnews.com /
Article / 8 months ago
How did the Maui fire spread so quickly? - AP News
Melted remains of an old car tire. Two burned trees. A stump of an abandoned utility pole...
Melted remains of an old car tire. Two burned trees. A stump of an abandoned utility pole...
apnews.com /
Article / 8 months ago
Tokio Marine's FICOH to hand ~$400mn Hawaii loss to reinsurers
First Insurance Company of Hawaii (FICOH), a subsidiary of Tokio Marine, looks set to cede a significant loss to its reinsurers following last month's Lahaina...
First Insurance Company of Hawaii (FICOH), a subsidiary of Tokio Marine, looks set to cede a significant loss to its reinsurers following last month's Lahaina...
Article / 8 months ago
