Climate change fuelled natural disasters that caused $320 billion in losses last year, German reinsurance giant Munich Re said Thursday, warning that "our planet's weather machine is shifting to a ...

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from ...

Hurricane Milton produced the highest insured losses of the year, totalling $25bn. Munich Re noted that Hurricane Helene ...

"This is likely to end up being one of the most expensive wildfires in modern California history," said AccuWeather's chief ...

Insured losses from such disasters – including deadly tropical cyclones, floods and earthquakes – totalled US$140 billion ...

Munich Re has appointed Christa Schwimmer (pictured above) as chief executive for its specialty reinsurance and Lloyd's and ...

Hurricanes, fires and other disasters caused $320bn in losses in 2024, or about a third more than the year before, highlighting the toll taken by climate change and property development in areas hit ...

Munich Re report highlights that this year’s financial toll from natural catastrophes covered by insurance is notably higher ...

Munich Re has appointed Christa Schwimmer as CEO for Munich Re's specialty reinsurance and Lloyd's and Bermuda business.

Samuels has been a major contributor to the redevelopment of Boylston Street and Brookline Avenue around Fenway Park. The ...

Having begun its Eden Re II Ltd. collateralized reinsurance sidecar placements with the largest Class A tranche of notes ...

Insured losses from natural catastrophes soared to $140 billion last year, the highest since 2017 and well over double the 30 ...