BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Perils estimates $1 billion insured loss from North Island floods


Swiss catastrophe data provider Perils AG estimates insured and reinsured property losses of $1.65 billion New Zealand ($1.02 billion) from the floods that battered the North Island of New Zealand from Jan. 27 to Feb. 2, Reinsurance News reported. The severe flooding, which affected a large number of insured properties, has become the costliest weather event for the region’s insurance industry to date. Many carriers in the region expect the flooding event to drive reinsurance recoveries.


Read more