SCOR shrinks at 1/1, slashes cat again, but confident in hard market opportunity
Global reinsurance group SCOR has shrunk its January 1st renewal book by roughly 12%, in terms of premiums underwritten, with,.. Read More
Personal Insurance
FEMA / NFIP return with $250m target FloodSmart Re 2023-1 catastrophe bond
The U.S. Federal Emergency Management Agency (FEMA) has returned to the catastrophe bond market and is aiming to secure at,.. Read More
Twelve Capital says private ILS exposure to Turkey quake "very limited"
Catastrophe bond, insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital has said that its exposure to the earthquakes in,.. Read More
Cat bond funds beat private ILS in 2022. ILS fund performance gap was 55.2%
According to the final year-end data for the , an equally weighted index that tracks the performance of 26 constituent,.. Read More
Michigan Does Not Recognize First-Party Bad Faith | Merlin Law Group
Michigan does not allow an action by a policyholder against a wrongful acting insurer’s failure to act in good faith.,.. Read More
Turkey earthquake unlikely to impact cat bond performance: Plenum
The devastating magnitude 7.8 earthquake that struck southern Turkey this morning is unlikely to have a noticeable effect on the,.. Read More
European property cat rates up 60% in two years, highest since 2007: Guy Carpenter
Property catastrophe reinsurance rates-on-line in Continental Europe rose strongly for the second consecutive year at the January 1st 2023 renewal,.. Read More
Climate change to prolong reinsurance hard market: Goldman Sachs
Equity analysts at Goldman Sachs see climate change both as a driver of increasing underwriting opportunities for the global insurance,.. Read More
Turkey hit by M7.8 earthquake. USGS gives 34% chance damages rise above $1bn
Significant fatalities and damage have been reported after Southern Turkey was struck by a major Magnitude 7.8 earthquake this morning,.. Read More
Best of Artemis, week ending February 5th 2023
Here are the ten most popular news articles, week ending February 5th 2023, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More
Sebo Bad Faith Trial Results in Insurance Company Victory | Merlin Law Group
A prominent insurance company defense attorney left me a message on Friday saying, “you never know what a jury is,.. Read More
Appraisal Panel Can Hear Evidence of Damage Caused By Other Events | Merlin Law Group
Appraisal panels have few rules to follow about what they can and cannot consider in determining the amount of the,.. Read More
