VDE Americas & kWh Analytics partner to increase hail resiliency for solar assets


VDE Americas, a provider of technical advisory and risk mitigation for the solar power industry, has partnered with climate insurance provider kWh Analytics to launch a new assessment form that evaluates solar site hail vulnerability and protective measures. The insurance industry has been driven to adopt resilience measures due to the multiple, high-profile hail losses […]

PERILS lifts industry loss estimate for windstorm Éowyn to €696m


Zurich-domiciled catastrophe insurance data provider, PERILS, has upped the industry loss in its second estimate for extratropical windstorm “Éowyn”, also known as “Gilles”, at €696 million from €619 million in March. The loss estimate covers the property lines of business and is based on loss data collected from affected insurers. The storm generated very strong […]

Everen Specialty appoints Carla Greaves as CUO


Bermuda-domiciled global re/insurer for energy markets, Everen Specialty, has appointed Carla Greaves as its Chief Underwriting Officer (CUO). She succeeds Jane Peterson, Interim CUO, who will continue in a consultancy capacity to facilitate the transition. Additionally, Greaves will join the re/insurer’s executive leadership team, also based in the Bermuda office, later this year. She is […]

ARC and Klapton Re sign agreement to expand climate insurance across Africa


ARC Ltd and Klapton Re have signed a Memorandum of Understanding (MoU) to establish a new partnership aimed at strengthening climate risk protection across Africa. Under the MoU, the two firms will reportedly co-develop and roll out new insurance products tailored to the needs of farmers and low-income families, enabling them to recover more quickly […]