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Gautam Naik

Reporter · US

Indexed articles, last 90 days
6
Latest publication
Sep 25, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 8, 2026

Latest articles

  1. Article · Sep 25, 2026 · Gautam Naik

    Catastrophe-Bondholders Bet Hurricane Polo Won't Trigger Losses (opens the original)

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    Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say never,” said Florian Steiger, chief executive of Zurich-based cat-bond manager Icosa Investments AG. “But right now, I’m not too concerned.” On Thursday, Hurricane Polo — a giant storm traveling at roughly 160 miles per hour (257.5 kilometers per hour) — drenched parts of Mexico with heavy rain. But for now, Polo’s

  2. Article · Sep 12, 2026 · Gautam Naik

    AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance (opens the original)

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    (Bloomberg) -- A form of self-insurance often associated with mining, oil and other environmentally risky sectors is quietly transforming the market for physical-risk coverage, thanks to the rise of mega AI data centers. Toyota Unveils $2,500 Go-Kart in Bid to Grow Motorsports Fans PlayStation Ditched Hideo Kojima's 'Physint' on Budget Concerns, Missed Deadlines Oracle to Spend an Additional $700 Million on More Job Cuts Saudi Shuts Oil Pipeline That Bypasses Hormuz After Attacks OpenAI Is Open

  3. Article · Aug 23, 2026 · Gautam Naik

    Londoners find ‘horrendous’ cracks in their homes after successive heat waves (opens the original)

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    Londoners are facing historic levels of subsidence risk after five successive heat waves dried out the clay soil on which much of the city is built. Insurance claims tied to subsidence – a phenomenon associated with bouts of hot, dry weather that shrink the soil and destabilize the foundations on which buildings stand – hit a record last quarter, according to data provided by the Association of British Insurers. On average, households claimed £20,000 ($27,200) for the risk, more than in any prev

  4. Article · Aug 11, 2026 · Gautam Naik

    'Chronic' Heat Risk in Europe Draws Warning From Swiss Re (opens the original)

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    As Europe comes to grips with its fifth heat wave of the year, the research arm of Swiss Re AG is warning of far-reaching consequences. “Record heat underscores Europe’s chronic heat risk,” the authors of the Swiss Re Institute report said on Tuesday. Record-breaking temperatures are battering a continent that’s less equipped to deal with the shock than other parts of the world. Only about 20% of European households have air conditioning, for example, compared with 76% in North America, Swiss Re

  5. Article · Aug 3, 2026 · Gautam Naik, Alastair Marsh

    Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk (opens the original)

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    Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets. Issuance of cat bonds that include exposure to wildfires has already soared to more than $5 billion so far this year, according to data published on Monday by industry specialist Artemis. That’s approaching the record amount sold during all of 2025, which was roughly double the level issued the previous year. Though the market remains dominated by California, insurers and investors inter

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