Aon placed cyber ILS for one of the largest European corporates: Andersen
Broker Aon has successfully taken the structure it created for the first 144A cyber catastrophe bond and repurposed it to,.. Read More
personal Insurance
Aon aiming to strategically draw a line under Vesttoo issue: Andersen
Aon established a $197 million reserve for legal settlement expenses related to the letter of credit (LOC) fraud at insurtech,.. Read More
ILS NYC 2024 One week to go. A few spaces left, but register soon!
There is just one week until our upcoming insurance-linked securities (ILS) conference, . Spaces for the event are very low,,.. Read More
Aon recognises $197m Vesttoo related legal settlement expense charge
Broking giant Aon has recognised a significant legal settlement expense reserve amounting to $197 million related to the Vesttoo fraud,.. Read More
World Bank to scale-up access to catastrophe bonds and reinsurance capital
The World Bank announced a significant expansion of the use of catastrophe bonds, reinsurance and instruments such as parametric risk,.. Read More
New Zealand North Island floods insured loss raised further 12% to NZ $2.23bn: PERILS
The insurance and reinsurance industry loss estimate for the early 2023 severe flooding that affected the Auckland region of the,.. Read More
Nephila demonstrated itself as an ILS market leader in 2023: Noble, Markel
Nephila Capital had a “fantastic” year in 2023, according to Jeremy Noble, President of Insurance at Markel, who said that,.. Read More
RenRe has ample third-party capital, but will be opportunistic: CEO O'Donnell
The RenaissanceRe Capital Partners vehicles, which are the range of third-party investor capitalised balance-sheets, reinsurance joint-ventures and insurance-linked securities (ILS),.. Read More
Markel lifts credit loss impact from Vesttoo letters of credit (LOC) to $65m
Having reported one quarter ago that it recognised a $25 million credit loss against a fraudulent $50 million letter of,.. Read More
Aon calls for Clear Blue's lawsuit over Vesttoo fraud to be dismissed
Aon has filed a motion calling for the New York state lawsuit that fronting specialist Clear Blue Insurance filed against,.. Read More
AXIS' reinsurance premiums ceded to investors rises 17% in 2023
AXIS Capital, the Bermuda based specialty insurance and reinsurance company, has increased its activities with third-party investors in 2023, ceding,.. Read More
Nephila fund revenues rise at Markel, cat and specialty ILS programs grow
In reporting its full-year 2023 results, Markel Group has highlighted higher insurance-linked securities (ILS) revenues from the managed ILS funds,.. Read More
