personal Insurance

Florida Citizens only buys $3.564bn of reinsurance for 2024, despite 7.9% drop in price

Florida’s Citizens Property Insurance Corporation, the state’s insurer of last resort, has completed its reinsurance renewals for 2024, but only,.. Read More

Aeolus hires Bhatia from J.P. Morgan to Business Development & IR role

Aeolus Capital Management Ltd., the reinsurance and insurance-linked securities (ILS) investment fund manager, has announced the hiring of Dia Bhatia,.. Read More

CSU raises 2024 Atlantic hurricane season forecast citing activity and conditions

The Colorado State University tropical meteorology team has raised its forecast for an extremely active  to now call for,.. Read More

How to get your bicycle ready for a mountain bike race

Learn how to prep your bicycle for a mountain bike race with these 5 easy steps. Check your tyres, chain,,.. Read More

How Automatic Water Shut-off Systems Can Help Homeowners Avoid Costly Water Damage | Scott Insurance

Water damage, one of the leading and most costly causes of property damage in the U.S., is also one of,.. Read More

Amundi US grows cat bond fund to $338m, taking dedicated ILS fund AUM to $989m

Investment manager Amundi US has continued to expand its most recently launched dedicated insurance-linked securities (ILS) fund strategy, with the,.. Read More

UCITS catastrophe bond funds now make up 25% of the market

Catastrophe bond funds in the UCITS format saw their combined assets under management grow to $12.2 billion by the end,.. Read More

Jamaica due US $16.3m CCRIF payout, as Beryl triggered parametric cyclone cover

Jamaica is set to benefit from an approximately US $16.3 million payout from the CCRIF SPC (formerly known as the,.. Read More

Zalma Calls For Change In Claims Handling and Staffing of Claims Departments | Property Insurance Coverage Law Blog

July 9, 2024 Insurance claims expert Barry Zalma wrote an excellent article that should be read by everybody in the,.. Read More

Jamaica cat bond price down slightly, perhaps due to minor track revision uncertainty

According to sources, after hurricane Beryl came very close to triggering Jamaica’s $150 million catastrophe bond, there has been,.. Read More

Several major ILS markets successfully raised capital for mid-year retro deals: Aon

With reports suggesting a more balanced and stable retrocession renewal at the mid-year, broker Aon’s Reinsurance Solutions unit has said,.. Read More

Hurricane Beryl US insurance industry losses could be $750m to $1.2bn: BMS

Hurricane Beryl made landfall near Matagorda, Texas yesterday as a Category 1 storm and the fact certain meteorological conditions meant,.. Read More