Personal Insurance

How to File a Complaint with the Montana State Auditors Insurance Department | Merlin Law Group

The Office of the Montana Commissioner of Securities and Insurance (CSI) is responsible for regulating the state’s insurance industry. One,.. Read More

Huge catastrophes won't drive capacity shortfall thanks to ILS: KBW

Thanks to the sophistication of the insurance-linked securities (ILS) market and investors demonstrated resilience over recent loss-heavy years, analysts at,.. Read More

Physical climate risk to major US banks over $250 billion annually: Ceres

Research from Ceres, the non-profit focused on sustainability challenges such as global climate change and water scarcity and their implications,,.. Read More

Progressive to get reinsurance recoveries on hurricane Ida loss

The Progressive Corporation has reported that its excess-of-loss reinsurance program will reduce its gross exposure to hurricane Ida, a catastrophe,.. Read More

Longevity swaps outpace bulk annuities in H1 2021: Aon

The market for longevity swaps has outpaced the use of bulk annuities, when it comes to pension risk transfer deals,,.. Read More

NFIP's reinsurance & cat bonds on-watch following RMS estimate

A hurricane Ida industry loss estimate update from RMS has put the National Flood Insurance Program’s (NFIP) reinsurance counterparties and,.. Read More

CATCo portfolio continues to develop favourably, recoups 3% on 2017 losses

The retrocessional reinsurance investment portfolio constructed by Markel’s CATCo Investment Management is continuing to develop more favourably than had originally,.. Read More

RMS lifts hurricane Ida estimate to $31bn - $44bn, adds northern flood losses

Catastrophe risk modelling firm RMS has now added a further $6 billion to $9 billion of insurance and reinsurance market,.. Read More

CEA's risk transfer returns to $9.6bn. Short-term future needs less certain

The California Earthquake Authority (CEA) increased the size of its reinsurance and catastrophe bond risk transfer program by around 4.4%,.. Read More

FEMA starts January 2022 NFIP flood reinsurance renewal process

The U.S. Federal Emergency Management Agency (FEMA) is back in the reinsurance market, beginning the process towards a January 2022,.. Read More

Allstate says reinsurance recoveries to reduce $1.4bn hurricane Ida loss

US primary insurance carrier Allstate expects a $1.4 billion gross loss from recent hurricane Ida, but said that this will,.. Read More