Munich Re is expecting claims in the range of €500m net before tax as a result of the widespread floods in Thailand, which reached their highest point in October and November – making the flooding the costliest natural catastrophe in the country's history.

Global reinsurance company Munich Re has reported that the exceptional accumulation of very severe natural catastrophes makes 2011 the highest-ever loss year on record, even after the first half-year.

Lloyd's and the Met Office have jointly published a new report which outlines the increasing importance of long-term forecasting for insurance and reinsurance firms.

A new report from leading insurance group RSA and WWF’s argues that a 100% renewable energy future by 2050 is both technically achievable and cost effective.

Munich Re, one of the world's leading reinsurers, has said that the market for catastrophe bonds has grown in 2010 and will continue to expand this year.

Global insurance and re-insurance group Munich Re has said that natural catastrophes in 2010 caused losses of US$ 130bn.