Cat bond selling pressure drove record secondary market volumes in May: Icosa
Selling pressure in the secondary market for catastrophe bonds appears to have resulted in record levels of trading activity during,.. Read More
personal Insurance
What is a Named Storm? A Warning for Commercial Policyholders About the Dangers of Policy Definitions Restricting Coverage | Property Insurance Coverage Law Blog
July 17, 2024 Ten years ago, Merlin Law Group attorney Ashley Harris wrote a blog post: “Was Superstorm Sandy a,.. Read More
Marsh and GC's Mangrove Risk Solutions issues $20m private cat bond
A new private catastrophe bond transaction has come to light, as Artemis has learned that Mangrove Risk Solutions Bermuda Ltd.,,.. Read More
Insured H1 2024 catastrophe losses at least $61bn, 25% above average: Gallagher Re
Insured losses from natural catastrophe events around the globe are estimated to be “at least” $61 billion, which is 25%,.. Read More
Natural Disaster Fund (NDF) makes cat-in-a-polygon parametric payout after Beryl
The Natural Disaster Fund (NDF), a public-private partnership funded by UK and German governmental entities and managed by Global Parametrics,,.. Read More
Aon hires London Bridge experienced Ed Thomas as Head of Lloyds Capital
Broking giant Aon has announced the hire of Ed Thomas as its new Head of Lloyd’s Capital, with the new,.. Read More
Progressive reverses May reinsurance recovery, but aggregate still near attachment
Progressive, the US primary insurance giant, has reversed its previously announced $95.1 million reinsurance recovery from May, saying that its,.. Read More
Artemis London 2024: Super Early Bird rate ends this week
We will be holding our next catastrophe bond and insurance-linked securities (ILS) market conference in London on , but the,.. Read More
Groupama gets 150m Quercus Re cat bond windstorm reinsurance priced at low-end
Groupama has now secured its targeted €150 million of multi-year and fully-collateralized windstorm reinsurance protection from the new catastrophe,.. Read More
Jamaica parametric rain cover triggered by Beryl, CCRIF payout of US $10.3m due
Jamaica’s recovery from the impacts of major hurricane Beryl is set to benefit from an additional roughly US $10.3 million,.. Read More
The Concerns and Legality of Supplemental Claims and Supplemental Claims Companies | Property Insurance Coverage Law Blog
July 16, 2024 Two prior posts, “What is a Supplemental Claim? Is There an Accepted Insurance Industry Definition and Meaning,.. Read More
Industry recalibrates to higher catastrophe trend, exposure to outpace inflation: Swiss Re
Insured losses from natural catastrophes are expected to continue rising faster than economic growth and while, for now, the insurance,.. Read More
