Seismic events in Grindavík, Iceland may cause damages of $71.4m

Share!

Reinsurance News - Dec 12, 2023

Following seismic activity and a magma dike opening crevasses in Grindavík, Iceland, Hulda Ragnheiður Árnadóttir, director of the Natural Catastrophe Insurance of Iceland, has said the damage to homes and infrastructure could amount to ISK 10 billion ($71.4 million). As per the Iceland Review (IR),...

Read Full Article

Recommended Articles

Swiss Re’s shareholders elect Jean-Jacques Henchoz as new Board member and approve dividend

Posted: Apr 10, 2026

Jean‑Jacques Henchoz, the former Chief Executive Officer of large European reinsurer Hannover Re, ha...

Liberty Mutual establishes $600m endowment to support long-term community resilience

Posted: Apr 10, 2026

Liberty Mutual Insurance has announced the establishment of a $600 million endowment for Liberty Mut...

Aon integrates new AI benchmarks into Radford McLagan Compensation Database

Posted: Apr 10, 2026

As demand for artificial intelligence (AI) talent and roles intensifies across industries, global in...