Hannover Re's LA wildfire loss expected to surpass Q1 large loss budget: CEO Henchoz
Hannover Re’s Chief Executive Officer (CEO), Jean-Jacques Henchoz, has said that an industry loss ranging between $30 billion and $40,.. Read More
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Allstate expects $1.1bn, pre-tax, net of reinsurance loss from CA wildfires
US insurer Allstate expects its losses from the recent Los Angeles, California wildfires will be around $1.1 billion, pre-tax and,.. Read More
Hannover Re lifts retrocession cover to 1.2bn for 2025 as K-Cessions sidecar shrinks again
Global reinsurer Hannover Re increased its natural catastrophe retrocession protections at the January 1st, 2025, reinsurance renewals by EUR 100,.. Read More
Markel reports higher Nephila ILS revenues, 55% increase in ILS premium fronted
Markel Group has reported an increase in insurance-linked securities (ILS) revenues for 2024 from the managed ILS funds of its,.. Read More
Homeowners Insurance and Trust Ownership | Property Insurance Coverage Law Blog
Homeowners insurance and trust ownership must align to avoid claim denials. Learn how to ensure proper coverage.,.. Read More
Trust or Family Trust Owns Your Home? Beware of Insurance Complications to Avoid Insurance Claim Denials | Property Insurance Coverage Law Blog
February 5, 2025 A recent viral social media post following the California wildfires has brought to light a critical issue:,.. Read More
USAA estimates $1.8bn of losses from LA wildfires
Insurer USAA revealed today that it has received more than 3,500 claims related to the California wildfires, with 86% of,.. Read More
Aon, Swiss Re & Floodbase unveil parametric storm surge solution for US hurricane protection
Re/insurance broking giant Aon has announced the launch of a new parametric insurance solution that is designed to address and,.. Read More
Florida State Board adds $70m to RenRe Tintoretto ILS investment in Q4
The Florida State Board of Administration made good on a decision to allocate more capital to natural catastrophe insurance-linked securities,.. Read More
CatX unveils AI-powered platform to streamline parametrics for investors
CatX, the digital catastrophe and parametric risk exchange company, has announced the launch of its AI-powered Catamaran Parametric platform, which,.. Read More
Reduced cat bond reliance helps Everest retain nat cat economics: Kociancic
Speaking during the Everest fourth-quarter earnings call yesterday, CFO Mark Kociancic explained that the reduced size of the firm’s catastrophe,.. Read More
Insurance Appraisal Law Updates and Certification | Property Insurance Coverage Law Blog
Stay updated on insurance appraisal law updates and certification at the IAUA Conference. Don’t miss key insights from industry leaders.,.. Read More
