Swiss Re's new Matterhorn Re 2020-3 cat bond upsized to $215m
The latest catastrophe bond to be sponsored by reinsurance firm Swiss Re has been successfully upsized 7.5% at pricing, we,.. Read More
personal Insurance
Covid-19 cat bond sell-off drove ILS fund Index negative in March
The average return of insurance-linked securities (ILS), catastrophe bond and reinsurance linked investment funds fell to a negative -0.65% in,.. Read More
California Wildfire Fund seeks reinsurance renewal, program expansion
The California Wildfire Fund, which was established last year to back some of the wildfire liabilities related to utilities operating,.. Read More
Pathways to Coverage | Property Insurance Coverage Law Blog | Merlin Law Group
Great minds are dedicating tremendous attention currently to finding coverage for the financial impacts of COVID-19. Without citing to them,.. Read More
Lancashire expects continued risk pricing improvements: CEO Maloney
The insurance and reinsurance market looks increasingly disciplined and as a result Lancashire Holdings has taken some opportunities to grow,.. Read More
Tonga gets parametric disaster insurance payout for cyclone Harold
The Pacific Island nation of Tonga is to receive a $4.5 million payout from its parametric disaster insurance policy with,.. Read More
Markel invests $90m in CATCo fund to accelerate investor redemptions
Markel Corporation has put some of its own money behind the running-off of its retrocessional reinsurance investment manager Markel CATCo,,.. Read More
Swiss Re P&C businesses takes $476m Covid-19 charge
Swiss Re, the Zurich headquartered global reinsurance firm, has fallen to a group net loss of -$225 million for the,.. Read More
Cat bond rates rise 13% in Q1, up 56% since 2016: Lane Financial
Catastrophe bond and insurance-linked security (ILS) rates-on-line were up by a huge 13% in Q1 2020 and have risen by,.. Read More
Covid-19 has parallels with WTC, adverse reserve development a risk: Fidelis
The impacts faced by insurance and reinsurance markets from the ongoing Covid-19 pandemic has some parallels with the 2001 World,.. Read More
Pandemic costs to be substantial, but manageable for Munich Re: CEO Wenning
Speaking at the reinsurance giants annual general meeting this morning, Munich Re CEO Joachim Wenning noted that while the ultimate,.. Read More
Cincinnati CEO says catastrophe reinsurers to follow fortunes on Covid-19
Cincinnati Financial Corporation’s CEO Steven Johnston said the company’s property catastrophe reinsurance panel will be expected to “follow our fortunes”,.. Read More
