Lawsuit raises ERCOT subrogation potential. Ramifications for ILS markets
Subrogation recoveries related to the February 2021 winter storm and Texas freeze losses are now being seen as increasingly possible,,.. Read More
Personal Insurance
Ooh-rah!! Merlin Law Group Hires a Marine Attorney in Louisiana | Merlin Law Group
Have you ever read and viewed ads by attorneys who feign that by being what they claim is “aggressive,” they,.. Read More
Arch targets up to $317m Bellemeade Re 2022-1 mortgage ILS issuance
Arch Capital is aiming to secure up to $317 million of mortgage reinsurance protection from its first insurance-linked securities (ILS),.. Read More
Florida P&C rate filings show reinsurance firming needs to continue
The latest property insurance rate increase filings submitted by carriers in Florida are calling for really significant uplifts in pricing,,.. Read More
Metlife & Zurich help UK pension to $3.5bn longevity swap & reinsurance
Metlife and Zurich have collaborated with Aon’s Risk Settlement Group to complete a US $3.5 billion transfer of longevity risk,.. Read More
Allstate reports $528m of Q4 catastrophe losses, $218m from Marshall Fire
US primary insurance carrier Allstate has reported its fourth-quarter 2021 catastrophe losses, revealing a total of $528 million, pre-tax, with,.. Read More
Travelers expands cat XoL at renewal, but aggregate shrinks at tighter terms
US primary insurance firm Travelers has expanded its core per-occurrence catastrophe cover at the reinsurance renewals in January 2022, but,.. Read More
WTW forecasts record longevity & pension risk transfer in 2022
The market for pension risk transfer, across longevity swaps and bulk annuity arrangements, is forecast to see a bumper UK,.. Read More
Soot, Ash, and Char Claims Are Hot Topic At Colorado Insurance Commission Virtual Town Hall Meeting | Merlin Law Group
The Colorado Division of Insurance got an earful from Colorado policyholders dealing with insurance claim problems at a virtual town,.. Read More
Tonga gets World Bank CAT-DDO funds for volcano & tsunami recovery
The Pacific Island nation of Tonga will receive a US $8 million payout disbursement from a World Bank arranged catastrophe,.. Read More
Travelers exhausts aggregate reinsurance in 2021, recovers $255m in Q4
As anticipated, US primary insurance giant Travelers has reported a significant recovery under its catastrophe aggregate reinsurance treaty in the,.. Read More
