Citizens secures Lightning Re industry loss cat bond at $500m with 11% spread
Florida’s Citizens Property Insurance Corporation has now finalised the pricing on its first industry loss trigger catastrophe bond and the,.. Read More
Personal Insurance
Porch sees launch of reciprocal as strategy for a reinsurance hard market
Porch Group, Inc., a software company focused on services to homeowners including insurance, has launched a reciprocal insurance exchange and,.. Read More
Slide targets debut catastrophe bond with $100m Purple Re issuance
Slide Insurance Company, the full-stack homeowners property insurtech founded by former Heritage CEO Bruce Lucas, has entered the catastrophe bond,.. Read More
"Denominator effect" among the biggest ILS challenges: Chris Parry interview
The “denominator effect” and investor rebalancing across asset classes has driven some of the biggest challenges for the insurance-linked securities,.. Read More
ILS market at crossroads, but still growing as capacity hits $96bn: AM Best
The insurance-linked securities (ILS) market is seen as at a crossroads in the wake of hurricane Ian, although ILS capacity,.. Read More
Andover Companies seeks upsize to $175m for Locke Tavern Re cat bond
The Andover Companies, a large mutual insurance group in the Northeast US, has increased the target size for its debut,.. Read More
Typhoon Nanmadol industry loss lifted close to US $1bn by PERILS
The insurance and reinsurance industry loss estimate for Japanese typhoon Nanmadol, which struck the country in September 2022, has now,.. Read More
Florida Citizens board approves Lightning Re cat bond spend
The board of Florida’s Citizens Property Insurance Corporation has approved the spend necessary to proceed with the issuance of its,.. Read More
Best of Artemis, week ending March 19th 2023
Here are the ten most popular news articles, week ending March 19th 2023, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More
Why Are Florida Republican Leaders Rigging the Legal System to Favor Insurance Companies and Prevent Redress For Bad Faith Actions? | Merlin Law Group
An editorial to the Palm Beach Post asked the title question of this post. The answer seemed very obvious when,.. Read More
Chile gets $280m of quake cat swaps to go with $350m cat bond. ILS funds play key role
Chile has secured $630 million of earthquake insurance cover through its World Bank IBRD issued arrangement, with $280 million of,.. Read More
Chile secures $350m parametric earthquake cat bond as IBRD notes price
The Republic of Chile has now secured the upsized $350 million size target for its new parametric earthquake catastrophe,.. Read More
