RenRe expects $180m winter storm Uri loss, anticipates Q1 net loss
RenaissanceRe, the Bermuda headquartered reinsurer and third-party reinsurance capital manager, has pre-announced an expectation that losses from winter storm Uri,.. Read More
Personal Insurance
California wildfire season could be extreme in 2021, warn experts
Scientists, meteorologists and other experts with a view on wildfire related conditions in the state of California are warning of,.. Read More
Can Insurance Companies Avoid Appraisal by Alleging the Amount Claimed is Fraudulent?
The new property insurance tactic to avoid payment and thereby delay or deny appraisal is to claim that the policyholder,.. Read More
Learn why parametrics can reduce the "basis risk" of indemnity: Webcast
In some situations, parametric insurance and risk transfer arrangements can benefit the protection buyer by providing coverage that wouldn’t have,.. Read More
Everest Re secures $650m Kilimanjaro III cat bond at reduced pricing
Everest Re, the globally active insurance and reinsurance company, has now finalised the pricing on the latest $650 million of,.. Read More
EC extends Aon Willis Towers Watson merger deadline again
Having restarted the clock and extended the deadline for a decision on the process to approve or deny the proposed,.. Read More
Nationwide's aggregate rises on winter storms, Caelus cat bond losses possible
The catastrophe bond market looks set to face some additional losses under Caelus Re catastrophe bonds sponsored by US primary,.. Read More
On average, successful 144A cat bonds upsized by 63% in Q1 2021
Strong investor appetite enabled sponsors of traditional 144A catastrophe bond transactions to upsize target levels of reinsurance protection during the,.. Read More
Cyclone Seroja declared a catastrophe. Australian flood claims reach $600m
A catastrophe has been declared for the impacts of Cyclone Seroja in Western Australia, after the storm made landfall on,.. Read More
2021 hurricane season forecast 25-30% above long-term avg: TSR
The latest forecast update for the from Tropical Storm Risk (TSR) raises the teams prediction for number of named,.. Read More
Florida Rates Go Up and Rights Go DownFloridas Proposed Legislation Does Nothing for Policyholders Discussed on Tuesday @ 2 With Chip Merlin
The Florida insurance industry is creating another crisis to obtain laws that shield them from the accountability of low and,.. Read More
ILS investors showed maturity at April renewals: Willis Res Vickers
James Vickers, Chair of Willis Re International, has said that insurance-linked securities (ILS) investors have showed increasing maturity at recent,.. Read More
