Insurance was built for yesterday’s risks. 🌍
On Earthlings 2.0, Bill Clark, former CEO of the Demex Group, explains how climate change + secondary perils are straining insurers — and why data modeling is critical for resilience.
🎧 Listen: https://t.co/OXjVcBLJa3
We're shortlisted for Underwriting Innovation of the Year - Insurance Insider US Honors. With six of the world's leading reinsurance brokers facilitating the purchase of $141million in aggregate reinsurance cover for SCS, since we launched, our fingers are crossed! #InsiderHonors
@TheDemexGroup was part of severe convective storm discussions and their existential threat to insurers on #CNBC with @contessabrewer . The more the impact of storm losses is discussed, the better for increased solutions. Demex proud to be leading the way https://t.co/VSF4bqSUtf
Matt Coleman, our Chief Risk Officer joins @GuyCarpenter , @AMBestCo , @NAMIC, P&C Specialist execs for session - 'How Does Insurance Respond to Increasing Secondary Perils' at Society of Insurance Research conference May 5 https://t.co/hoHeaxI9KK #reinsurance#SevereThunderstorm
@NewsReinsurance reported @GallagherRe_ 's estimate of 2025's first billion-dollar storm. Less severe but more frequent storms contribute significantly to the biggest cause of insured losses. Aggregate loss reinsurance is available.
https://t.co/K2sWR0F1EM
#reinsurance
We are excited to launch our company-wide rebranding as the Demex journey to provide reinsurance for secondary perils continues. We’ve updated our company logo and every aspect of our visual identity, and we’ve launched our all-new website. https://t.co/MApthG1cMb
@wutrain The Demex Climate Resilience Center was launched recently by the company, offering a free public platform through which users can analyse climate trends and variability in over 60,000 global cities. https://t.co/9ApfrjPf8q
We're looking for a technologist to join our team building financial climate resilience for companies around the world. Connect if this looks like you or someone you know!!
https://t.co/7nklK8OdWS
Risk management plays a key role. Insurers and Financial Services provide capital to mitigate losses and make proactive investments that build climate resilience for businesses around the world. https://t.co/t9Puc5fmcv
Over 158 million people (roughly 1/2 Americans!) find themselves under an Excessive Heat Watch or Warning (maroon and magenta respectively), or Heat Advisory (orange) as yet another heat wave impacts the nation. Stay hydrated, cool, and limit time outdoors if you're affected!
The other side of the European Heat Wave:Humid ! On 11 August the small Sicilian island of Ustica recorded a deadly dew point of 31.5C (with a temperature of 33.0C). If the hygrometer is reliable,this would be the second highest dew point ever recorded in Europe.(<32.0C Cagliari)
Life-threatening downpours have been hitting Western #Japan. An emergency warning for heavy #rain, the highest-level warning, is in place in Hiroshima. More records are expected to be broken into next week due to a stalled frontal system.
Our cofounder Steve talked about climate risk and business impacts with David Westin coast-to-coast on Bloomberg Radio. Check it out! https://t.co/GU6YHAcwAO
Over half of the population is under either a Heat Advisory or Excessive Heat Watch/Warning this evening. Heat indices up to 110 will affect the Mississippi Valley tomorrow, while in the PNW and Northeast highs into the upper 90s and low 100s will persist into the early weekend.