Personal Insurance

More gainers than losers on cat bond pricing sheets last week

Another positive signal that the catastrophe bond market may already have fully marked in loss expectations from hurricane Ian, is,.. Read More

Assurant's hurricane Ian losses erode lower-layers of reinsurance

US specialty insurance group Assurant revealed that its losses from hurricane Ian have eroded the lower two layers of its,.. Read More

Chubb reports $1.2bn of cat losses for Q3, reinsurance partners to take share

Global insurance and reinsurance group Chubb reported almost $1.2 billion of catastrophe losses for the third-quarter of 2022, with $975,.. Read More

When Will United Property and Casualty Insurance Company Declare Itself Insolvent? | Merlin Law Group

Many of the crazy denials and claims positions taken by United Property and Casualty Insurance Company (UPC) have been caused,.. Read More

When it comes to ESG, governance should be a given in ILS: Albertini

For the insurance-linked securities (ILS) market, the ‘G’, or governance, within ESG, should always have been a given, as the,.. Read More

Vesttoo raises $80m in funding, taking valuation to $1bn

Vesttoo, the insurance-linked securities (ILS) focused insurtech company, has announced the completion of a Series C funding round sized at,.. Read More

Barbados embeds parametric nat cat clause in sovereign bond issue

The Caribbean island nation of Barbados is one of the first in the world we’ve heard of to embed a,.. Read More

W. R. Berkley watching cat & retro, potentially as "meaningful seller" - CEO

Insurance holding company W. R. Berkley Corporation recognises the opportunity in catastrophe reinsurance and retrocession right now, with its CEO,.. Read More

UCITS catastrophe bond fund AuM drops -8% in Q3. Hurricane Ian a factor

Overall as a group shrank almost -8% during the third-quarter of 2022, with hurricane Ian ending a period of,.. Read More

Hurricane Ian claims filed surpass 570k, losses $7.13bn so far: FLOIR

The Florida Office of Insurance Regulation (OIR) has continued to update its information on hurricane Ian insured claims and losses,,.. Read More

Hong Kong to step up ILS ecosystem promotional efforts

Hong Kong’s Insurance Authority (IA) is set to increase its efforts to promote its nascent insurance-linked securities (ILS) framework and,.. Read More

Hurricane Ian Victims Learn About FEMAs 50% Rule | Merlin Law Group

Hurricanes with significant flooding are devastating. They also change the landscape and character of many communities because structures with significant,.. Read More