Swiss Re: Insured disaster losses hit $66bn in H1 2024, up slightly year-on-year
Reinsurance firm Swiss Re has estimated that global insured natural catastrophe losses for the first-half of 2024 were US $60,.. Read More
personal Insurance
Theres a Wildfire Burning What Do I Need to Know About Insurance? | Property Insurance Coverage Law Blog
August 7, 2024 Wildfire season is here, and if you've experienced a loss, navigating your insurance claim can be daunting.,.. Read More
TWIA to drawdown most if not all CRTF funds on hurricane Beryl & storm losses
The Texas Windstorm Insurance Association (TWIA) has said that with it estimating losses of $400 million from hurricane Beryl making,.. Read More
Heritage to grow back into Florida thanks to reforms & reinsurance stability: CEO
Heritage Insurance Holdings, Inc. is ready to begin selectively growing its property insurance business back into Florida, as the legislative,.. Read More
Hiscox ILS raised $300m for sidecar & funds through H1, but AUM slips to $1.4bn
Hiscox ILS, the dedicated insurance-linked securities (ILS) management arm of the global re/insurer, has successfully raised gross inflows amounting to,.. Read More
Climate-attributed U.S. hurricane losses may be underestimated: Aon research
Research undertaken by insurance and reinsurance broker Aon alongside Columbia University suggests that climate models may be underestimating the future,.. Read More
TSR lowers hurricane season forecast by one, still expects 4 Cat 1+ landfalls
Tropical Storm Risk (TSR) has updated its forecast for activity levels during the , with a slight reduction in the,.. Read More
Vesttoo case: Porch & Incline P&C lawsuits against China Construction Bank may combine
A pair of lawsuits that allege China Construction Bank staff were complicit in the reinsurance collateral fraud perpetrated by executives,.. Read More
Increasing number of ILS formations seen, particularly in casualty: Damian Sealy, PWC Bermuda
There are an increasing number of insurance-linked securities (ILS) and collateralized reinsurance formations in Bermuda that have a focus on,.. Read More
Floridas Property Insurance Market Is Worse Than ReportedShrinkflation Explains Why | Property Insurance Coverage Law Blog
August 6, 2024 Florida’s property insurance market is facing unprecedented challenges, leaving policyholders with inadequate coverage at significantly higher rates.,.. Read More
Generali GC&C names Pignoli Global Head of Parametric Products & Solutions
Generali Global Corporate & Commercial has appointed alternative risk transfer and capital solutions executive Michele Pignoli as its new Global,.. Read More
Majority of hurricane Debby losses to fall below reinsurance attachments: Moody's Ratings
Insured losses from hurricane Debby are expected to largely fall within primary insurers’ reinsurance retentions, according to James Eck of,.. Read More
