Pacific Alliance hopes to expand cat bond to cover cyclones, floods, droughts
The Pacific Alliance, a Latin American trade bloc made up of Chile, Colombia, Mexico and Peru, would like to expand,.. Read More
Personal Insurance
At $78bn, 2020 insured catastrophe losses 17% above 10-year average: Willis Re
Catastrophe losses covered by insurance and reinsurance reached $78 billion in 2020 according to Willis Re, which the broker sees,.. Read More
ILS funds deliver 3.51% for 2020, highest Index return since 2016
The average return of the insurance-linked securities (ILS) fund market reached 3.51% for full-year 2020, which is the highest figure,.. Read More
Impressions of The Windstorm Panel Involving Steve Badger and Jon Held
I just finished speaking on a panel with Steve Badger and Jon Held. I want to thank the leadership of,.. Read More
COVID-19 industry loss estimate lowered to $40bn - $60bn by Berenberg
Analysts at investment bank Berenberg have refined their insurance and reinsurance industry loss estimate for the COVID-19 pandemic, lowering it,.. Read More
Reinsurance renewals suggest "a real repricing of risk" in 2021: RBC
The outcome of the January 2021 reinsurance renewals and expectations for the rest of this year suggest “a real repricing,.. Read More
Catastrophe bond backed EU emergency healthcare fund proposed
A new study has called for the creation of an Emergency Health Financing Facility (EHFF) for the European Union (EU),.. Read More
Marrikel rebrands as Re Square, pivots to offer reinsurance auction tech
Marrikel, the company that launched in mid-2020 with a product offering of a full reinsurance broking platform, has rebranded itself,.. Read More
MGIC targets its biggest mortgage ILS, with $399m Home Re 2021-1
MGIC Investment Corporation is back in the capital markets with what will be its third sponsorship of a mortgage insurance-linked,.. Read More
Some ILS funds continue to set small COVID business interruption reserves
A number of insurance-linked securities (ILS) funds have continued to report small increases in losses and reserves set related to,.. Read More
Queensland's October 2020 hailstorm industry loss raised 6% to A$1.3bn
The insurance and reinsurance market loss from a hailstorm event in October 2020 that struck south-east Queensland, Australia has been,.. Read More
Argo promotes Tom McCartney to Group Head of Ceded Reinsurance
Argo Group, the Bermuda headquartered specialty insurance underwriter, has promoted Tom McCartney to the role of Group Head of Ceded,.. Read More
