$100m MetroCat Re cat bond prices 16% above mid-point of initial guidance
The New York Metropolitan Transportation Authority’s (MTA) new catastrophe bond has now been priced, but at the top-end of the,.. Read More
Personal Insurance
Palomar shuns Torrey Pines cat bond renewal due to pricing & terms
Palomar Insurance Holdings, the speciality California-based insurer that provides largely catastrophe exposed property covers, cancelled its plans to renew its,.. Read More
Adjusters Safety During InspectionsWhose Responsibility is it? | Property Insurance Coverage Law Blog | Merlin Law Group
Mississippi has an answer. On April 16, 2020, the Mississippi Supreme Court recently ruled that an adjuster’s safety was not,.. Read More
Everest Re reports 21% premium growth, small profit despite Covid-19
Global insurance and reinsurance group Everest Re has significantly grown its underwriting book in the first-quarter of the year, reporting,.. Read More
RenRe's third-party capital fees rise as inflows continue, investor distributions grow
Bermuda-based reinsurance firm and third-party capital management specialist RenaissanceRe has again reported a rise in the amount of fee income,.. Read More
Munich Re results hit by "manageable" 800m of Covid-19 losses
Reinsurance giant Munich Re has reported a “financially manageable” hit of around EUR 800 million to its first-quarter 2020 results,,.. Read More
Pandemic could inflate hurricane industry losses by 20%: RMS
Catastrophe risk modelling specialist RMS has said that a hurricane striking the United States while pandemic restrictions remain in place,.. Read More
Markel's recent $90m CATCo investment was in the Aquilo Fund strategy
As we reported recently, Markel Corporation has invested $90 million of its own capital into an investment strategy managed by,.. Read More
Allstate adds $221m to nationwide excess catastrophe reinsurance in Q1
U.S. primary insurance giant Allstate has added roughly $221 million of new protection to its core nationwide excess of loss,.. Read More
Hiscox buys $100m of industry loss warranty (ILW) protection
Hiscox Group, the Bermuda headquartered re/insurer, has acquired additional retrocessional reinsurance protection against peak catastrophe risks with a $100 million,.. Read More
Can I Request An Insurance Company Reconsider Their Hurricane Insurance Claim Offer That Was Accepted By The Board Of Directors Of My Condominium? | Property Insurance Coverage Law Blog | Merlin Law Group
The response is no, you can’t individually request reconsideration on behalf of your Condominium or as an individual for a,.. Read More
Covid-19 a headwind for reinsurance capacity, trapping ILS capital: AIG's Zaffino
The Covid-19 pandemic is unlike anything else ever encountered by the re/insurance industry and will be a headwind for future,.. Read More
