Personal Insurance

Forfeiture of Benefits For Failure To Cooperate Stopped Under New Colorado Law | Property Insurance Coverage Law Blog | Merlin Law Group

Colorado passed very pro-consumer legislation stopping insurance companies from overusing the cooperation clause in property insurance policies.1 Denver based Merlin,.. Read More

Side pockets for Covid-19 set-up in June, as ILS funds average 0.67%

A number of insurance-linked securities (ILS) fund managers established side pockets to segregate potential exposures related to the Covid-19 pandemic,.. Read More

AIG's AlphaCat sees ILS growth, as insurer discloses $458m Q2 Covid-19 hit

AlphaCat Managers, the insurance-linked securities and collateralised reinsurance investment manager entity of insurance giant American International Group’s (AIG), has returned,.. Read More

PG&E pays more for wildfire liability insurance, records Kincade recovery

Pacific Gas and Electricity (PG&E), the California electrical utility worse hit by wildfire losses and claims in recent years, has,.. Read More

Cova to allocate 750m to PartnerRe reinsurance investment vehicles

French insurance group Covéa and EXOR, the Agnelli family owned holding company investor, have struck an agreement to cooperate on,.. Read More

Isaias forecast to regain hurricane status before Carolinas landfall

Tropical storm Isaias had a close brush with Florida as a low category hurricane and is now heading north for,.. Read More

Praveen Reddy promoted to COO at Nephilas MGA Velocity

Praveen Reddy has been promoted to Chief Operating Officer of Velocity Risk Underwriters LLC, the managing general agency (MGA) operation,.. Read More

Hamilton Re CEO Reardon to depart, Brown steps in as interim CEO

Hamilton Re, the reinsurance focused operations of Hamilton Insurance Group, has announced that its CEO Kathleen Reardon is to depart,.. Read More

Rom Aviv leads insurance for Agritask, as RMS' Stander joins as Advisor

Rom Aviv, a former senior employee of insurance-linked securities (ILS ) fund manager Twelve Capital and Israeli investors IBI ILS,.. Read More

Forfeiture of Insurance Contract Benefits Is Not Favored in The Law | Property Insurance Coverage Law Blog | Merlin Law Group

Forfeiture is not often discussed when interpreting insurance policy terms. But it should be. Often, when a policyholder fails to,.. Read More

Aon hires Turner from AXA XL as Head of UK Property reinsurance

Broker Aon has announced the hire of Catherine Turner from AXA XL to its Reinsurance Solutions division, where she will,.. Read More

Hiscox warns FCA's Covid-19 BI test case could drive reinsurance losses

During its earnings call this morning, senior executives from specialist insurance and reinsurance underwriter Hiscox Group warned that the eventual,.. Read More