Personal Insurance

Initial claims from Cyclone Gabrielle in New Zealand reach $890m

The Insurance Council of New Zealand (ICNZ) has recorded more than 40,000 claims for Cyclone Gabrielle totalling approximately $890 million,,.. Read More

Gateway Re II Ltd. cat bond launched for two more SageSure insurers

We’ve learned that a new catastrophe bond has been launched that aims to provide its reinsurance protection to two more,.. Read More

Nebraska Recognizes Insurance First Party Bad Faith Actions | Merlin Law Group

An insurance class action case in Nebraska recently discussed obligations of good faith and fair dealing.1 Nebraska recognizes that the,.. Read More

Security First targets second price reduction for First Coast Re IV cat bond

Security First Insurance Company, the Florida domestic homeowners insurer, has again seen the guidance pricing drop for its new ,.. Read More

Andover Companies gets debut cat bond at upsized $175m with 19% price drop

The Andover Companies, a large mutual insurance group in the Northeast US, has now priced its debut catastrophe bond,.. Read More

Price guidance for Convex's new Hypatia cat bond drops further

We understand that the pricing guidance for Convex Group’s new   catastrophe bond issuance has been lowered further, as the,.. Read More

Property reinsurance hard market to persist in 2023: Fitch

The hard property reinsurance market environment is expected to persist throughout 2023, with rising prices helping to compensate for claims,.. Read More

Collaboration enabled carbon offset feature of Titania Re cat bond: PCS' Johansmeyer

PCS worked with Ariel Re and the structurer, Howden Tiger Capital Markets & Advisory, of the reinsurer’s Titania Re catastrophe,.. Read More

American Integrity secures 50% upsized $150m Integrity Re 2023-1 cat bond

American Integrity Insurance Company of Florida, Inc. has secured its targeted 50% upsize for the catastrophe bond issuance, now,.. Read More

Risk perception to drive doubling of insurance spend: Lloyd's CEO Neal

In an interview with the Financial Times today, Lloyd’s of London CEO John Neal forecasts significant growth for the global,.. Read More

Amundi US targets double-digit returns at lower fees for Pioneer CAT Bond Fund

Amundi Asset Management US, Inc. (Amundi US) aims to develop its newly launched Pioneer CAT Bond Fund into a strategy,.. Read More

First Party Claims Conference West One Day Conference Next Wednesday in Marina Del Rey | Merlin Law Group

Mike Duffy and yours truly will be speaking at the First Party Claims Conference next week. Our presentation will analyze recent,.. Read More