US SCS and "relentless tornado" activity could drive billions in losses: Aon
The last week’s severe convective storms (SCS), tornadoes, strong winds, hail and flooding across the central United States could result,.. Read More
personal Insurance
Windstorm Ciarn (Emir) industry loss lifted another 5.5% to 2.043bn by PERILS
The insurance and reinsurance industry loss estimate for European extratropical windstorm Ciarán from November 2023 has been raised by a,.. Read More
Is Deductible Buy-Down Insurance A Wise Choice For Condominiums? A Basic Guide For Association Boards and Property Managers | Property Insurance Coverage Law Blog
May 2, 2024 Deductible buy-down insurance, also referred to as buyback deductible insurance, is designed to reduce the deductible that,.. Read More
Reviewing the Insurance Policy: Protect Interests and Avoid Costly Mistakes
May 2, 2024 In the fast-paced world of insurance claims, overlooking the fine print of an insurance policy can lead,.. Read More
Gallatin Point seeks $150m Marlon Florida wind cat bond to protect investment portfolio
An interesting new catastrophe bond transaction has come to light, as we’ve learned private investment firm Gallatin Point Capital LLC,.. Read More
Clear Blue updates Aon complaint, claims broker solicited Vesttoo engagement
Clear Blue Insurance has amended its complaint against Aon, in the New York court lawsuit related to the reinsurance letter,.. Read More
Markel books $15.7m of Q1 CATCo portfolio favourable development
Markel has once again benefited from a return of value due to favourable loss development on the CATCo retrocessional reinsurance,.. Read More
How Did the Concept of Insurable Interest Historically Develop? | Property Insurance Coverage Law Blog
May 2, 2024 The insurable interest doctrine is a basic concept of insurance law. An extremely well-written law review article,.. Read More
AXIS Capital recognises higher capital partner fees & cessions, likely due to Monarch
AXIS Capital, the Bermuda based specialty insurance and reinsurance company, recognised higher fee income from its work with third-party investors,,.. Read More
Allstate lifts Nationwide cat reinsurance tower by $1bn to $7.9bn, helped by cat bonds
Allstate has significantly lifted the top of its Nationwide excess catastrophe reinsurance tower to just over $7.9 billion, which is,.. Read More
Hiscox ILS assets fell to $1.5bn at Apr 1st, partially offset by sidecar & fund raises
Assets under management at Hiscox ILS, the dedicated insurance-linked securities (ILS) unit of the Hiscox Group, slipped to $1.5 billion,.. Read More
Nephila Capital ILS revenues nearly double for Markel in Q1, AUM stable
Revenues earned through the Nephila Capital insurance-linked securities (ILS) investment management business by owner Markel almost doubled in the first-quarter,.. Read More
