First Protective & Frontlines Astro Re cat bond marked lower on hurricane Ian exposure
According to sources, the $40 million catastrophe bond, sponsored in 2021 by U.S. primary insurance group First Protective on,.. Read More
Personal Insurance
Aon names Moore CEO Commercial Risk, Bermuda with remit to drive alt capital uptake
Aon has announced the promotion of Nick Moore as its new CEO, Bermuda for the Commercial Risk Solutions division, a,.. Read More
Bermuda Stock Exchange (BSX) cat bond listings rise 7% on strong H1 issuance
The Bermuda Stock Exchange (BSX) maintained its dominant position in providing a venue for the listing of catastrophe bonds and,.. Read More
Global property insurance rates mixed in Q2, but US cat-exposed sees decrease: Marsh
Global commercial insurance rates were flat in the second quarter of 2024, according to broker Marsh’s latest analysis and while,.. Read More
Bad Faith by Your Insurer? When Do You Have to File a Bad Faith Lawsuit? | Property Insurance Coverage Law Blog
July 24, 2024 In Rosenberg-Wohl v. State Farm Fire & Cas. Co., No. S281510, 2024 WL 3449266 (Cal. July 18,,.. Read More
Parametrix estimates CrowdStrike insured losses at between $540m and $1.08bn
Parametrix, a specialist in parametric cloud downtime cyber insurance and reinsurance protection, has issued an estimate for the insurance industry,.. Read More
PGGM / PFZW ILS portfolio returns 5.5% for H1, AUM slightly down
The broadly diversified portfolio of insurance-linked securities (ILS) and reinsurance investments managed by pension investment firm PGGM on behalf of,.. Read More
Typhoon Gaemi forecast to landfall in Taiwan with 140mph+ winds, impact Taipei
Typhoon Gaemi has intensified into a strong Category 4 equivalent storm with sustained winds of 140 mph and gusts to,.. Read More
Some US mutual cat bond & ILS funds reacted to Beryl, but recovered fast
As hurricane Beryl travelled across the Caribbean towards Jamaica, Mexico and Texas, there were minor movements in the share prices,.. Read More
Beazley CrowdStrike losses expected well-below cat bond attachment: Berenberg
Analysts at Berenberg have said today that because of the nature of specialty re/insurer Beazley’s cyber book of business, they,.. Read More
Credit Suisse Insurance Linked Strategies management to acquire business from UBS
UBS has announced that it has reached an agreement to sell the Credit Suisse Insurance Linked Strategies Ltd. business to,.. Read More
Munich Re backs parametric wind hedge usingy kWh Analytics structure
Global reinsurance firm Munich Re has provided the capacity to support a parametric wind proxy hedge risk transfer product structured,.. Read More
