personal Insurance

Slide's new & largest cat bond makes reinsurance tower ~70% multi-year: CEO

Slide Insurance Company, the full-stack property insurtech company founded by Bruce Lucas in Florida, now counts roughly 70% of its,.. Read More

Florida property insurers near break-even. Data suggests improvement to continue

Data suggests that Florida domestic market property insurance companies will experience improving performance, as the effects of recent legislative reforms,.. Read More

Australian summer catastrophe claims hit $1.6bn, as ICA declares another significant event

The Insurance Council of Australia (ICA) has declared another “significant event” for last weekend’s severe storms that were focused on,.. Read More

City of Zurich Pension Fund ILS allocation expands to ~$960m

The allocation to the insurance-linked securities (ILS) asset class by the City of Zurich Pension Fund has continued to expand,,.. Read More

What Is the Lead Underwriter When Dealing with Lloyds? What Is the Significance When a Claim Is Presented? | Property Insurance Coverage Law Blog

April 10, 2024 The term "lead underwriter" when dealing with Lloyd's of London carries a distinct significance due to the,.. Read More

UCITS cat bond fund assets grow by 4% to reach $11.4bn in Q1 2024

The assets under management of the main catastrophe bond funds in the UCITS format increased by 4% over the first-quarter,.. Read More

American Coastal lifts Armor Re II Florida wind cat bond to $200m

American Coastal Insurance Company is set to upsize its new Florida named storm catastrophe bond to $200 million, while,.. Read More

How to stay safe on South Africas most dangerous roads

South Africa has some of the most dangerous roads in the world. Here are some tips from King Price Insurance,.. Read More

Aspen returns for $150m Kendall Re catastrophe bond renewal

Aspen Insurance Holdings Limited is back in the catastrophe bond market for a second renewal of its international multi-peril catastrophe,.. Read More

Mid-year renewals to see significant increase in US property cat capacity demand: Aon

Broking giant Aon is anticipating a “significant increase in demand” for property catastrophe reinsurance capacity at the upcoming mid-year renewals,,.. Read More

Cat bond spreads adequately compensate for hurricane risk: Twelve Capital

Investment manager Twelve Capital feels that the spread being taken when investing into catastrophe bonds compensates for the shorter-term risk,.. Read More

What Does Physical Loss Mean in Kentucky? Can Temporary Delay Constitute Physical Loss? | Property Insurance Coverage Law Blog

April 9, 2024 Under Kentucky law, as interpreted in Century Aluminum Company v. Certain Underwriters at Lloyd's, 1 "physical loss",.. Read More