personal Insurance

PERILS with CRESTA CLIX to simplify reporting for cat bond & ILW risk transfer: CEO

Last year, catastrophe data aggregator and industry loss estimate provider PERILS revealed an extension to its services, with a new,.. Read More

Are Appraisals Adjustments? What Exactly is AUP Adjusting? | Property Insurance Coverage Law Blog

January 3, 2025 The Insurance Journal published an article, For AUP in Claims, Objectivity and Training Expertise is Key, by a Sedgwick,.. Read More

Competitive ILW pricing drives considerable buyer interest at renewal: Howden Re

Competitive pricing for industry-loss warranty (ILW) protection has driven “considerable interest from a growing demographic of buyers” at the January,.. Read More

Insurance Authority welcomes Silk Road Re cat bond, sixth under Hong Kong ILS regulations

Hong Kong’s Insurance Authority (IA) has welcomed the recent issuance of the latest and sixth catastrophe bond under its insurance-linked,.. Read More

Flood drives 78% of $18.2bn major non-US international cat losses in 2024: CRESTA

The CRESTA organisation, which tracks catastrophe events outside the United States that have generated insurance industry losses of over US,.. Read More

Swiss Re cat bond Index delivers 17.29% total-return in 2024, second-highest ever

The catastrophe bond market delivered the second-highest total-return in its history in 2024, reaching 17.29% for the full-year, according to,.. Read More

Record cat bond issuance of $17.7bn in 2024 takes outstanding market near $50bn: Report

Catastrophe bond and related insurance-linked securities (ILS) market issuance of $4.5 billion in the fourth-quarter was sufficient to take the,.. Read More

Cat reinsurance renewals "rational", lower-layer & aggregate appetite rises: Gallagher Re CEO

The softening of the property catastrophe reinsurance market seen at the key January 2025 renewals has been “entirely rational”, according,.. Read More

Federal Flood Insurance: Strict Compliance with Proof of Loss Requirements is Essential | Property Insurance Coverage Law Blog

January 2, 2025 Public adjusters and policyholders must remain vigilant and precise when dealing with federal flood insurance claims under,.. Read More

Property cat pricing declines 8%, retrocession falls 13.5% at January renewal: Howden

At the January 2025 reinsurance renewals broking group Howden estimates that risk-adjusted pricing for property catastrophe treaty business declined by,.. Read More

Silk Road Re cat bond achieves "effective diversification" for Taiping Re: CEO

, the debut catastrophe bond sponsored recently by Taiping Re and issued out of Hong Kong, has helped the reinsurance,.. Read More

Happy New Year 2025! | Property Insurance Coverage Law Blog

January 1, 2025 This New Year has me thinking about a post I wrote twelve years ago, Oh the Places,.. Read More