AXIS cedes more risk to third-party investors, earns more fees in Q3 2021
AXIS Capital, the Bermuda-based globally-active insurance and reinsurance company, ceded more premiums and risk to third-party investors backing its range,.. Read More
Personal Insurance
Being Dishonest on Your Insurance Application Will Void Your Policy - Jack Stone Insurance Agency
Whether intentional or unintentional, being dishonest can dramatically increase the risk a carrier takes when underwriting your policies.,.. Read More
NMI gets $364m of mortgage reinsurance with new Oaktown Re ILS
Mortgage insurance group NMI Holdings, Inc. has now successfully secured $364 million of collateralised mortgage reinsurance protection from the capital,.. Read More
Reinsurers to use more ILS capital as catastrophe losses rise: S&P
With rising catastrophe losses impacting insurance and reinsurance markets, S&P Global Ratings believes that use of insurance-linked securities (ILS) is,.. Read More
Everest Re hires Munich Re's Beggs as Head, North America Reinsurance
Global insurance and reinsurance firm Everest Re has announced a new senior appointment to the newly created role of Head,.. Read More
Vesttoo adds former Swiss Re CEO Aigrain as Advisory Board Chairman
Vesttoo, the technology company that uses proprietary artificial intelligence and machine learning solutions with the goal of helping companies assess,.. Read More
Property catastrophe rates to see double-digit increases in 2022: Fitch
Property catastrophe reinsurance rates are expected to increase by double-digits in 2022, as reinsurers absorb and then react to the,.. Read More
Expert Involvement in a Dispute Can Be Beneficial at Every Mile Marker of the Claim Resolution Marathon - Property Insurance Coverage Law Blog - Merlin Law Group
Not every insurance claim requires expert involvement. However, when a dispute arises, identifying and retaining an expert can be invaluable,,.. Read More
Ida could be $40bn, catastrophe allowances must rise: John Neal, Lloyd's
According to John Neal, the CEO of insurance and reinsurance market Lloyd’s, hurricane Ida has the potential to be a,.. Read More
Retro funds could be 70% - 80% trapped or lost: RenRe CEO ODonnell
Retrocessional reinsurance focused ILS investment funds and strategies could find as much as 70% to 80% of their capital trapped,.. Read More
Chubb reports $1.15bn of pre-tax catastrophe losses for Q3
Global insurance and reinsurance giant Chubb reported a $1.15 billion pre-tax hit from catastrophe events that occurred during the third-quarter,.. Read More
Retrocession buoys SCOR's result, offsetting catastrophe claims
Global reinsurance company SCOR has again demonstrated the value of its robust retrocession program, as these protection arrangements seemingly helped,.. Read More
