personal Insurance

Hurricane Milton seen denting cat bond market -1.4% (excl. surge): Plenum

While uncertainty remains over the eventual loss from hurricane Milton, catastrophe bond fund manager Plenum Investments has said it could,.. Read More

33% chance hurricane Milton loss above $50bn. Would drive hard market: Euler ILS Partners

According to specialist insurance-linked securities (ILS) investment manager Euler ILS Partners, there is a roughly 33% chance that industry losses,.. Read More

Hurricane Milton Cat 5 again. Tracks slightly south. Uncertainty still high, loss range wide

This morning hurricane Milton has strengthened back to a Category 5 major hurricane overnight, with sustained wind speeds of 160,.. Read More

Verisk puts hurricane Helene industry loss at $6bn to $11bn, excluding NFIP

Hurricane Helene is estimated to drive private market insurance and reinsurance industry losses in a range from $6 billion to,.. Read More

Safe to say hurricane Milton likely a $20bn+ insurance market event: Siffert, BMS

In his latest update yesterday evening, Andrew Siffert, Senior Meteorologist at broker BMS Group, explained that he feels it is,.. Read More

Hurricane wind speeds forecast across entire Florida Peninsula as Milton approaches

Major hurricane Milton continues to bear down on Florida and in recent updates from the National Hurricane Centre warning areas,.. Read More

Walkers adds ILS experienced Senior Associate Ellison in Bermuda

Global financial services focused law firm Walkers has made a new hire in Bermuda with insurance-linked securities (ILS) experience, adding,.. Read More

Amwins and Floodbase partner on parametric flood insurance for California Municipalities

Amwins, the insurance origination and distribution specialist, has partnered with insurtech Floodbase, which acts as a data provider and reporting,.. Read More

Science collaborations key for ILS innovation: Tangencys Stanton at Convergence

Welcoming attendees to ILS Bermuda’s 2024 Convergence event today, Jo Stanton, Chair of ILS Bermuda and Head of Finance at,.. Read More

Mexico's catastrophe bond presumed safe from hurricane Milton

After hurricane Milton skirted the northern Yucatan peninsula of Mexico without making a landfall it is now presumed that the,.. Read More

NFIP Escapes Payment with Form-Over-Substance RulesThe Need For Reform of the National Flood Insurance Program | Property Insurance Coverage Law Blog

October 8, 2024 While speaking at the Florida Association of Public Insurance Adjusters Fall Conference regarding National Flood Insurance claims,,.. Read More

Stone Ridge leads managers cutting mutual cat bond or ILS fund NAVs on hurricane Milton

Yesterday saw a number of the 1940’s Act registered US mutual investment funds that allocate to catastrophe bonds and other,.. Read More