November 2017

This year's remarkable Atlantic hurricane season ends today! There were 17 named storms, 10 hurricanes, and 6 major storms—more hurricanes and major storms than even NOAA’s revised seasonal forecast anticipated.

As an insurer, you might want to compare losses across countries and perils in a region so you know where the best opportunities to develop new businesses lie. Southeast Asia, for example, is prone to many natural hazards, including earthquakes, typhoons, and floods.

The insurance impact of hurricanes Harvey and Irma—and similar events—could extend beyond property and result in significant casualty losses; this presents an ongoing challenge to the insurance industry.

Influenza is a highly contagious, viral respiratory infection commonly transmitted through coughing, sneezing, or shaking hands. Vaccination is the most effective way to protect everyone from infection.

I saw that the October value for the Atlantic Multidecadal Oscillation Index was 0.436 and thought, “that seems high”. A quick check confirmed that it was the highest October value since 1856!

While the predicted numbers of storms can give a general idea about the potential for destruction in a season, there is another quantity which conveys the seasonal destructive potential better and is contained in a single value.

Today's soft reinsurance market has put increasing amounts of pressure on traditional reinsurers to develop new strategies and tactics to survive. In this post we’ll take a look at some of the forces that have created today’s soft market conditions and connect them back to their effect on combined ratios.

The North Atlantic hurricanes Harvey and Irma made landfall along the U.S. coastline within two weeks of each other. We were curious to see how often major hurricanes made consecutive landfalls along the U.S. coast.

After a decade-long drought of major hurricane landfalls in the U.S., 2017 has certainly captured the attention of insurers. Together, Hurricanes Harvey, Irma, and Maria present a rare opportunity for insurance carriers.