Personal Insurance

Sale of Nephila Capital's MGA Velocity Risk to Oaktree completes

The of ILS fund manager Nephila Capital’s managing general agency (MGA) Velocity Risk Underwriters LLC to funds managed by,.. Read More

Parameter Climate hires Ralph Renner as Partner, Head of Origination

Parameter Climate, the parametric risk transfer and climate focused underwriter, has announced another key hire, bringing Ralph Renner over from,.. Read More

Louisiana insurers on the hook for $10.5bn of hurricane Ida loss

Insurers based and operating in the state of Louisiana are reported to be on the hook for $10.5 billion of,.. Read More

Integral ILS gets new commitments from PSP & New Holland, reaches $1.4bn

Integral ILS Ltd., the insurance-linked securities (ILS) investment fund manager launched by well-known industry executives Richard Lowther and Lixin Zeng,,.. Read More

Lightsmith raises $186m fund focused on climate resilience investments

A little outside of the typical Artemis wheelhouse, but this is news we feel our investor community will appreciate and,.. Read More

Kemper lifts CAT XoL tower to $350m, raises CAT aggregate retention

U.S. primary insurer Kemper Corporation has lifted the top of its catastrophe excess-of-loss reinsurance tower to $350 million for 2022,,.. Read More

Partial Fire Losses Involving Smoke, Ash, and Soot From WildfiresA Transcript of the Colorado Town Hall Meeting | Merlin Law Group

Partial losses from smoke, ash, and soot are some of the most complex and challenging claims facing policyholders when insurers,.. Read More

Maturity extended for $110m of Hannover Re's Seaside Re private cat bonds

Almost $110 million of Seaside Re private catastrophe bond transactions have had their maturity dates extended, suggesting that these privately,.. Read More

Florida Citizens staff call on Board to publicly support risk transfer

The staff of Florida’s Citizens Property Insurance Corporation have published a white paper calling on the Board of the insurer,.. Read More

Arch gets $315m of mortgage reinsurance with Bellemeade Re 2022-1

Arch Capital has successfully secured roughly $315 million of mortgage reinsurance protection through its mortgage insurance-linked notes issuance and,.. Read More

Rico Lawsuit Against United Property & Casualty Amended With More Allegations | Merlin Law Group

The RICO lawsuit noted in, Lawsuit Alleges Field Adjusters Stated Under Oath That Florida Based Insurer Commanded That Reports Be,.. Read More

Lowering Florida Hurricane Cat Fund attachment faces opposition

Proposals to lower the aggregate retention point of the Florida Hurricane Catastrophe Fund (FHCF) are facing opposition, as concerns are,.. Read More