Personal Insurance

Guy Carpenter working to bring more capital to cat risk for 2023: Klisura

Reinsurance broker Guy Carpenter is actively working to develop more catastrophe risk capacity for 2023, as the company is all,.. Read More

Munich Re pegs hurricane Ian loss at 1.6bn after retro, on $60bn industry loss

Global reinsurance giant Munich Re has estimated its net loss from hurricane Ian will be around EUR €1.6 billion, which,.. Read More

Cat bond trading activity rises after Ian. Diversifying cat bond sales still a focus

Secondary market trading of catastrophe bonds has accelerated as the market moves further beyond the initial impact of hurricane Ian,,.. Read More

Florida property insurance Special Session to be held before year-end: DeSantis

Florida’s lawmakers will come back to the table to discuss urgent reforms for the state’s dysfunctional property insurance market before,.. Read More

Palomar to benefit from reinsurance recoveries for hurricane Ian

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, looks set to benefit from reinsurance,.. Read More

Cincinnati Financial's reinsurance doesn't attach on hurricane Ian

Cincinnati Financial Corporation looks unlikely to benefit from either reinsurance or retrocession support for its losses from hurricane Ian, as,.. Read More

AXIS Capital reports $212m of Q3 cat losses, $160m from hurricane Ian

AXIS Capital, the Bermuda headquartered specialty insurance and reinsurance underwriter, has pre-announced an estimated $212 million ($186 million, after-tax) of,.. Read More

Florida CFO Patronis wants to ban Assignment of Benefits (AOB)

Florida Chief Financial Officer (CFO) Jimmy Patronis has floated a plan to significantly tighten up and introduce new rules to,.. Read More

Swiss Re cat bond index stable, small rise on spread widening

The catastrophe bond market index calculated by Swiss Re Capital Markets stabilised at its last calculation on Friday 14th October,.. Read More

Cat bond market's actual losses from Ian could be half the initial hit

Actual and realised losses from hurricane Ian for the catastrophe bond market could end up being as little as half,.. Read More

Flood Coverage Questions? What is Covered? Learn From the Babe Ruth of Hurricane Claims | Merlin Law Group

Only the United States government could come up with the craziest scheme of national flood insurance. I keep trying to,.. Read More

Accelerant hires ILS expert Jay Green from Goldman Sachs as Global CFO

Accelerant, the insurtech that aims to help its members exchange and transfer risk more effectively and also connect them with,.. Read More