personal Insurance

HCI assumes policies worth $200m in premium with Florida Citizens takeout

The depopulation of Citizens Property Insurance Corporation, Florida’s state-backed insurance company, continues apace and HCI Group, the Florida-focused insurance holding,.. Read More

Lloyd's and UNCDF tap global reinsurance support for new parametric disaster facility

Lloyd’s has announced the launch of a new disaster resilience vehicle working with the United Nations Capital Development Fund (UNCDF),,.. Read More

Catastrophe bond fund UCITS assets surpass $13bn for first time, add 7% in Q3

Catastrophe bond funds in the UCITS format grew strongly in recent months, adding approximately 7% in assets during the third-quarter,.. Read More

American Coastal estimates hurricane Milton losses well-below Armor cat bond trigger

American Coastal Insurance Company, the main entity of what was the United Insurance Holdings group, has pre-announced an expectation of,.. Read More

The Connection Between Tourist Towns and Higher Auto Insurance Rates - Jack Stone Insurance Agency

Discover how living in a tourist town can affect your auto insurance rates due to increased traffic and accidents, impacting,.. Read More

USAA returns with $325m target for Residential Re 2024-2 occurrence cat bond

Insurer USAA has returned for what will be the 44th catastrophe bond issuance we have tracked from the company, initially,.. Read More

Ambassador mutual catastrophe bond fund growth continues, hitting $329.1m

The Ambassador US mutual catastrophe bond fund strategy operated by advisor Embassy Asset Management has continued to attract inflows from,.. Read More

AI-improved risk modelling can streamline catastrophe bond transactions: World Bank

According to executives at the World Bank, artificial intelligence (AI) based improvements to catastrophe risk modelling could in future allow,.. Read More

Twelve Capital surpasses $4bn in cat bond and ILS AUM for the first time

Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager, has reached a new milestone in terms,.. Read More

African Risk Capacity (ARC) sells Ghana its first parametric drought insurance policy

African Risk Capacity Limited (ARC Ltd.), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC),.. Read More

Hurricanes will contribute to keeping ILS spreads historically high: Schroders Capital CIO Rode

Recent Atlantic hurricane activity is likely to only drive “limited” losses to top-layer insurance-linked securities (ILS) strategies, such as catastrophe,.. Read More