Insurance Settlement Releases: What You Should Know | Merlin Law Group
First things first – A “release” is a legally binding document that releases your insurance company from liability contingent on,.. Read More
Personal Insurance
Hannover Re brings $84.5m of Seaside Re private catastrophe bonds
Global reinsurance giant Hannover Re has facilitated the issuance of another $84.5 million of Seaside Re private catastrophe bonds for,.. Read More
Swiss Re gets $250m 1863 ILS fund investment from Swedish pension Alecta
Global reinsurance firm Swiss Re, through its specialist insurance-linked securities (ILS) fund management unit Swiss Re Insurance-Linked Investment Management Ltd,.. Read More
Belisle fraud lawsuit to wait for CATCo insolvency decision in Bermuda
The fraud lawsuit involving former CATCo CEO Tony Belisle has been stayed pending a Bermuda Supreme Court decision on the,.. Read More
Ariel Re targets growth with upsized Berkshire Hathaway backing
Ariel Re, the Bermuda-headquartered international reinsurance company, has announced an upsized commitment from Warren Buffett’s giant conglomerate Berkshire Hathaway, with,.. Read More
AXA Climate partners with CoreLogic to enhance parametric hail offering
AXA Climate, the parametric specialist risk transfer managing general agent (MGA) unit of global insurance and reinsurance company AXA XL,,.. Read More
Cat exposed US property rates continued to soar in Q4: MarketScout
Property insurance prices in peak catastrophe zones continued to soar in the fourth-quarter of 2021, as owners of homes and,.. Read More
Marshall Fire damaged or destroyed 1,270 properties: Officials
In an update on the impacts of recent severe wildfire activity in Boulder County, Colorado, officials say that 1,270 properties,.. Read More
2021 insured cat losses $120bn, December tornadoes $4bn: Munich Re
Global reinsurance giant Munich Re has estimated that insurance industry losses from natural disasters or catastrophes in 2021 were roughly,.. Read More
Enforcement Action Shuts Down AOBs and Contractors Negotiations For Repair Costs | Merlin Law Group
Insurance restoration contractors play an important role in a policyholder’s, and often community’s, recovery following a disaster. Many restoration contractors,.. Read More
Toa Re Europe sponsored the $25m Silver Crane private cat bond
We can now report that it was Toa Re Europe, the Switzerland-based European reinsurance arm of Japanese group Toa Reinsurance,.. Read More
Private catastrophe bonds surpass $1bn for first time in 2021
For the first time on-record, annual issuance of privately placed catastrophe bond transactions has surpassed $1 billion in 2021, as,.. Read More
