personal Insurance

ARC teams up with Floodbase for parametric African flood insurance

African Risk Capacity Limited (ARC Ltd.) has entered into a partnership with insurtech Floodbase that will see the pair working,.. Read More

Cat bond fund performance likely to remain elevated: Plenum

Plenum Investments maintains its “higher for longer” outlook for catastrophe bond investment returns, saying that even though cat bond risk,.. Read More

Hurricane Otis likely to trigger Mexico catastrophe bond payout

The Government of Mexico’s catastrophe bond is facing its most severe threat of the current Pacific tropical cyclone season, as,.. Read More

2023 Industry Recognitions | Scott Insurance

At Scott Insurance, we are proud to be continually recognized as an industry leader and employer of choice.  So far,.. Read More

World Bank believes it could grow its cat bond issuance 400% in five years

The World Bank has ambitious plans to expand its use of catastrophe bonds for member countries by roughly 400% over,.. Read More

USAA targets $300m multi-peril reinsurance with Residential Re 2023-2 cat bond

USAA, likely the most prolific and consistent of sponsors of catastrophe bonds, is back with what will be the 42nd,.. Read More

Safepoint seeks $150m Nature Coast Re named storm catastrophe bond

U.S. primary insurer Safepoint Insurance Company has returned to the catastrophe bond market seeking at least $150 million of named,.. Read More

CEA grows risk transfer program to $8.86bn, cat bonds still 24%

The California Earthquake Authority (CEA) increased its overall risk transfer and reinsurance protection through the middle of the year, lifting,.. Read More

MGIC upsizes Home Re 2023-1 ILS to provide $330m of mortgage reinsurance

MGIC Investment Corporation has successfully leveraged investor demand to upsize its latest sponsorship of mortgage insurance-linked securities (ILS), securing $330.2,.. Read More

ILS market remains key provider of reinsurance to Florida: Moody's

The insurance-linked securities (ILS) market and alternative sources of reinsurance capital are key providers of protection to Florida’s insurance sector,.. Read More

Discipline vital in ILS for the sustainability of capital: Leadenhalls Albertini

With the state of the market viewed as “fragile”, Luca Albertini, Chief Executive Officer and a Founding Partner of Leadenhall,.. Read More

Vesttoo seeks time to deliver "value-maximizing transaction", new business plan

Vesttoo has responded to the Official Committee of Unsecured Creditors calls for its liquidation to be accelerated, stating that it,.. Read More