Progressive reverses May reinsurance recovery, but aggregate still near attachment
Progressive, the US primary insurance giant, has reversed its previously announced $95.1 million reinsurance recovery from May, saying that its,.. Read More
Personal Insurance
Artemis London 2024: Super Early Bird rate ends this week
We will be holding our next catastrophe bond and insurance-linked securities (ILS) market conference in London on , but the,.. Read More
Groupama gets 150m Quercus Re cat bond windstorm reinsurance priced at low-end
Groupama has now secured its targeted €150 million of multi-year and fully-collateralized windstorm reinsurance protection from the new catastrophe,.. Read More
Jamaica parametric rain cover triggered by Beryl, CCRIF payout of US $10.3m due
Jamaica’s recovery from the impacts of major hurricane Beryl is set to benefit from an additional roughly US $10.3 million,.. Read More
The Concerns and Legality of Supplemental Claims and Supplemental Claims Companies | Property Insurance Coverage Law Blog
July 16, 2024 Two prior posts, “What is a Supplemental Claim? Is There an Accepted Insurance Industry Definition and Meaning,.. Read More
Industry recalibrates to higher catastrophe trend, exposure to outpace inflation: Swiss Re
Insured losses from natural catastrophes are expected to continue rising faster than economic growth and while, for now, the insurance,.. Read More
Cat bonds & ILS to continue growth, can exceed target returns with no losses: Twelve
Depending on the outcome of the hurricane season and the occurrence of other catastrophes, investors in catastrophe bonds could be,.. Read More
Hurricane Beryl US insured loss $2.5bn - $4.5bn, $3.7bn best estimate: Moody's RMS
The US private market insurance industry loss from recent hurricane Beryl’s impacts is estimated to fall in a range of,.. Read More
Artex launches Axcell PCC protected cell company in Vermont for onshore arrangements
Artex, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, has announced the launch,.. Read More
Tangency Capital adds $400m, growing assets under management to $1.8bn
Quota share reinsurance focused investment manager Tangency Capital Ltd. has had continued success in raising assets through the first-half and,.. Read More
Why Do Roofers and Insurance Restoration Companies Submit Supplemental Insurance Claims? | Property Insurance Coverage Law Blog
July 15, 2024 The post “What is a Supplemental Claim? Is There an Accepted Insurance Industry Definition and Meaning to the Term?” indicated,.. Read More
$50m parametric cloud outage cyber cover secured for US retailer by Parametrix
Parametrix, a specialist in parametric cloud downtime cyber insurance and reinsurance protection, has secured a $50 million cover for a,.. Read More
