personal Insurance

Residence Premises and Other Killer Exclusions, Part One | Property Insurance Coverage Law Blog

This article covers everything you need to know about “Residence Premises” and “Where You Reside” exclusions in homeowners insurance.,.. Read More

Assurant lifts catastrophe reinsurance cover to $1.38bn, switches to April renewal

US specialty insurance group Assurant has secured more catastrophe reinsurance protection for the year ahead, while switching to an April,.. Read More

Smarter cat bond & ILS volatility covers needed. Sidecars one option: ILS NYC 2024

The subject of volatility in re/insurers results due to frequency loss events and the fact they require capital and risk,.. Read More

What Is the California FAIR Plan? | Property Insurance Coverage Law Blog

The CA FAIR Plan assures the availability of basic property insurance for those who cannot get insurance on the standard,.. Read More

Should Independent and Public Adjusting Firms Be Subject to Market Conduct Studies? | Property Insurance Coverage Law Blog

February 16, 2024 Is there any downside to departments of insurance making independent and public adjusting firms subject to market,.. Read More

QBE's main cat reinsurance tower shrinks, aggregate cover restructured at renewal

QBE has revealed details of its reinsurance renewal alongside its results this morning, with significant changes evident as the main,.. Read More

Fidelis gets $150m Herbie Re 2024-1 index cat bond with significant price reduction

Fidelis Insurance has now finalised its latest catastrophe bond to provide the originally targeted $150 million of industry-loss triggered,.. Read More

Swiss Re's alternative capital fee income rises 68% to $195m in 2023

Swiss Re’s specialist insurance-linked securities (ILS) and third-party reinsurance capital management division, Alternative Capital Partners (ACP), has reported a 68%,.. Read More

Cyclone Gabrielle industry loss finalised 8% higher at NZ $2.174bn by PERILS

The insurance and reinsurance industry loss estimate for Cyclone Gabrielle’s impacts in New Zealand has now been finalised by PERILS,.. Read More

IAG erodes $250m of aggregate reinsurance deductible in first-half FY 2024

Australian primary insurer IAG reported that its natural peril costs and catastrophe losses cost the company $521 million through the,.. Read More

Swiss Re sees "most pronounced" rate increases & 12% nat cat premium growth at 1/1

Global reinsurance giant Swiss Re grew its natural catastrophe reinsurance premiums by 12% at the January 2024 renewals, while finding,.. Read More

Allstate adds $325m of Jan 2024 catastrophe losses, may raise agg cat bond risk

US primary insurer Allstate has reported January catastrophe losses of $325 million, with the majority of this coming from just,.. Read More