ICEYE raises $136m, aims to expand Nat Cat Insights product
ICEYE, a provider of satellite data and services to inform decision-making and analysis, has raised a $136 million Series B,.. Read More
Personal Insurance
Allstate's reinsurance & cat bond benefits evident in burgeoning recoverable
After a calendar year in which US primary insurance carrier Allstate reported almost $3.34 billion of catastrophe losses, it is,.. Read More
Redefinition of "secondary perils" may be needed: Gallagher Re's Vickers
After another catastrophe loss year where the insurance and reinsurance industry has experienced a significant burden from so-called secondary perils,,.. Read More
Hannover Re shrinks K-Cessions sidecar & retro at "challenging" renewal
Hannover Re faced more challenging market conditions when placing the renewal of its retrocession program at 1/1, resulting in a,.. Read More
Nephila AuM drops $1bn to $8.8bn in second-half of 2021
Assets under management at Markel’s flagship insurance-linked securities (ILS) operation Nephila Capital dropped by roughly $1 billion during the second-half,.. Read More
Hannover Re grows catastrophe renewals 25%, at 6.6% higher rates
Global reinsurance firm Hannover Re has reported strong growth and price increases at the key January 2022 renewal season, with,.. Read More
Marsh hires AXA XL's Latham for UK & Ireland alternative risk transfer
Broking group Marsh has announced the hiring of Matthew Latham as Alternative Risk Transfer Leader, UK & Ireland, a position,.. Read More
Cat bonds for recovery highlighted by Caribbean Development Bank
Catastrophe bonds and parametric insurance have both been highlighted by the President of the Caribbean Development Bank (CDB) in a,.. Read More
Accuracy in the Application for Insurance is Necessary to Avoid Claims of Misrepresentation | Merlin Law Group
We’ve all likely seen USAA’s recent commercial campaign featuring Super Bowl Champion Rob Gronkowski attempting, unsuccessfully, to obtain insurance with,.. Read More
ILS fund Index returns 0.85% for 2021. Cat bond funds outperform
Insurance-linked securities (ILS) funds reported only a 0.05% return for December 2021, taking the annual ILS fund return to just,.. Read More
Chubb's reinsurance growth continues, but recoverables escalate in Q4
Global insurance and reinsurance giant Chubb reported one of the best year’s in its history in 2021, delivering record full-year,.. Read More
