personal Insurance

Everest continues to expand in property lines, sees cat pricing up over 45%

Bermuda-based Everest Group’s Q4 2023 results show that the re/insurer continued to expand in property catastrophe risks in the hard,.. Read More

Augment Risk launches dedicated insurance-linked securities (ILS) division

Risk capital and reinsurance solutions broker Augment Risk has launched a dedicated insurance-linked securities (ILS) offering, as it looks to,.. Read More

Tips to reduce how much data you use

South Africa has 1 of the highest data costs in Africa. We all know that we’re paying a lot for,.. Read More

Nascent targets improved ILS transparency with new collateral management feature

Nascent Group, an insurance management and reinsurance transformer company launched last year by Andre Perez, has launched a new collateral monitoring,.. Read More

Florida: Legislators pitch hurricane risk pool, Citizens CEO questions reinsurance availability

At a meeting of the Florida House Insurance and Banking Subcommittee yesterday, Tim Cerio, the CEO of Citizens Property Insurance,.. Read More

Cat bond funds buck the UCITS trend, growing as sector saw $38bn outflows: Kepler

Catastrophe bond funds were a bright spot in the alternative UCITS investment fund space in 2023, as cat bond funds,.. Read More

Arks Outrigger Re sidecar generates $69m of income for White Mountains in 2024

Over the course of full-year 2023, White Mountains has reported that its investment into the Outrigger Re collateralized reinsurance sidecar,.. Read More

FEMA targets $350m FloodSmart Re 2024-1 NFIP catastrophe bond

The U.S. Federal Emergency Management Agency (FEMA) is back in the catastrophe bond market, looking to secure at least $350,.. Read More

Vesttoo creditors try mediation to solve consolidation vs segregation dispute

The creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo are now trying mediation out, as a way to,.. Read More

Hannover Re 'satisfied' with outcome of more stable Jan renewals as portfolio grows 6.9%

German reinsurer Hannover Re has today reported an inflation and risk-adjusted price increase on renewed business of 2.3% at the,.. Read More

Hannover Re shrinks K-Cessions to $757m, but could have placed more: Ludolphs

Hannover Re placed its K-Cessions quota share sidecar at US $757 million in size for 2024, shrinking the structure by,.. Read More

What NOT to do when specifying your portable possessions

Think home contents insurance covers your expensive sunnies? Think again. You need a whole different policy. Here are a few,.. Read More