personal Insurance

Swiss Re says social inflation exceeds economic inflation, in growing US liability claims

According to global reinsurance giant Swiss Re’s Institute, the rate of social inflation is exceeding economic inflation in growing US,.. Read More

Why Do Insurers Put Mortgagees and Loss Payees on Checks? | Property Insurance Coverage Law Blog

September 7, 2024 The answer to the question in the title is answered in the attached complaint. 1 Zurich paid,.. Read More

How to teach children about emergency preparedness.

In the event of an emergency, would your child know what to do? It’s a crucial question to consider, because,.. Read More

Aon bolsters Bermuda retro team, hires former Acacia & Peak Re exec Cheng

Broking giant Aon has strengthened its property specialty retrocession in Bermuda with the addition of five new appointments on the,.. Read More

AXA XL's Guy Van Hecke named as AXA's new Head of Ceded Reinsurance

France-headquartered global re/insurance group AXA has appointed Guy Van Hecke as its new Head of Ceded Reinsurance, with the employee,.. Read More

Role for cat bonds as climate adaptation financing gap grows: Citigroup

Analysts at Citigroup have highlighted a growing financing gap in climate adaptation efforts, saying that as this gap grows and,.. Read More

Man Sets Ex-Wife and House on FireInsurer Denies Innocent Co-Insured Recovery | Property Insurance Coverage Law Blog

September 6, 2024 In doubles tennis, business, and life, choosing the best partner is a key lesson because it usually,.. Read More

Cat bond interest from potential sponsors rising, parametric momentum increasing: Van Slooten, Aon

There is rising interest in catastrophe bonds from potential sponsors and the parametric risk transfer space is another area seeing,.. Read More

Demex raises $10.25m as demand for parametric stop-loss reinsurance solution grows

The Demex Group, a risk analytics and intelligence company that facilitates climate and catastrophe peril parametric stop-loss reinsurance protection, has,.. Read More

South German flooding industry loss stable at just under 1.6bn: PERILS

According to PERILS AG, insurance industry losses from the early June 2024 flooding that impacted southern parts of Germany are,.. Read More

Expect more competition in the tail, property cat rates to soften: Aon execs

Speaking during a briefing in advance of the 2024 Monte Carlo Rendez-Vous event today, executives from Aon’s Reinsurance Solutions highlighted,.. Read More

Reinsurance cycle likely passed peak. Softer for 2025 but with strong profitability: Fitch

Fitch Ratings has said that it believes the reinsurance pricing cycle has now most likely passed its peak, but the,.. Read More