Personal Insurance

Liberty Mutual reveals $812m net hurricane Ida loss

U.S. primary insurer and global re/insurer Liberty Mutual reported elevated catastrophe losses for the third-quarter of 2021, revealing a net,.. Read More

Pension Insurance Corp says to decline revised Markel CATCo buyout offer

Pension Insurance Corporation plc (PIC) has explained that it won’t accept the updated and improved buyout terms proposed to investors,.. Read More

Address climate risk, be able to absorb losses: Bank of England Governor

One of the clearest examples of a regulators’ intention to force action on climate-related financial risks and ensure entities have,.. Read More

Exercise Caution: Concealment and Misrepresentation Clauses in Colorado - Property Insurance Coverage Law Blog - Merlin Law Group

Policyholders trust their insurance companies will treat them fairly and in accordance with the terms of their insurance policy. This,.. Read More

African Risk Capacity (ARC) members to get premium financing support

On the margins of the COP26 climate conference in Glasgow yesterday, a significant vote of confidence in the African Risk,.. Read More

Lancashire grows P&C reinsurance 85%, catastrophe risk a driver

Specialty insurance and reinsurance group Lancashire Holdings reported that its property and casualty reinsurance book grew by 85% across the,.. Read More

Allstate's Q3 reinsurance recoveries approach $1 billion

US primary insurance carrier Allstate reported that its catastrophe reinsurance recoveries for the third-quarter of 2021 are now approaching $1,.. Read More

Hannover Re's hurricane Ida & Bernd flood losses reduced by retro

The gaps between German reinsurance firm Hannover Re’s gross and net catastrophe losses from third-quarter events hurricane Ida and the,.. Read More

How Homeowners Insurance Cover Personal Injury Claims - Jack Stone Insurance Agency

Personal injuries can happen at anyone's home, which is why every homeowner needs to carry a certain amount of liability,.. Read More

Vesttoo hires Hauff as PM for Insurance-Linked Program (ILP)

Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the,.. Read More

Markel on-track to transfer all cat business to ILS model: Co-CEO's

Markel Corporation intends to continue to cede retrocessional reinsurance business to its Lodgepine Capital Management start-up retro ILS investment manager,.. Read More