personal Insurance

Descartes expands parametric solutions beyond cat, with first cyber offering

Demonstrating its appetite to deliver parametric insurance and data-driven risk transfer solutions beyond natural catastrophe, weather and climate risks, specialist,.. Read More

AIG invested $350m in RenaissanceRe's Capital Partners vehicles at 1/1

Insurance giant AIG made good on its promise to invest into some of the third-party capital backed reinsurance joint-venture vehicles,.. Read More

Gallagher Re names Spenner International CEO, as Melia to retire

Gallagher Re, the reinsurance broking arm of the Gallagher group, has announced that Dirk Spenner will become International CEO, as,.. Read More

BMS Re names Wheeler and McGuire Co-CEO's, as Chandler moves to vice-chair

Reinsurance broker BMS Re, part of the BMS Group, has announced that its chief executive officer Pete Chandler is stepping,.. Read More

Cat bond spreads show investor demand. Fading interest rates to build ILS appeal: BofA

The narrowing of catastrophe bond spreads in recent months and into early 2024 is reflective of the strong investor demand,.. Read More

Why are Homeowners Insurance Rates Increasing? | Scott Insurance

Over the past few years, nearly every homeowner in the U.S. has seen an increase in their homeowners insurance premium.,.. Read More

Bermuda Stock Exchange (BSX) ILS listings near $60bn after strong 2023

Catastrophe bonds and insurance-linked securities (ILS) newly listed on the Bermuda Stock Exchange (BSX) in 2023 soared by 195, taking,.. Read More

Vesttoo bankruptcy case: Creditors accuse Chaucer of "lying in wait"

While disagreements over a consolidated approach to liquidating the Vesttoo bankruptcy estate, versus a more segregated approach that makes assets,.. Read More

Primary insurers best suited to absorb frequency losses: Gianfranco Lot, Swiss Re

At the recent January reinsurance renewals there was widespread recognition in the market that “primary insurers are best suited to,.. Read More

RenRe raised $495m of third-party capital for 1/1, fee income doubled in 2023

RenaissanceRe, the Bermuda based reinsurance and third-party capital management specialist, has successfully added almost $495 million in new third-party capital,.. Read More

Reinsurance costs drive 42% NC homeowners rate increase filing: Assured Research

The rising cost of reinsurance is identified as the key driver of a recent North Carolina homeowners insurance rate filing,.. Read More

First cyber cat bonds a watershed moment: Moody's RMS video interview

The successful issuance of the first full cyber catastrophe bonds in late 2023 was a watershed moment and the role,.. Read More