personal Insurance

US SCS insured losses hit $50bn for first time in 2023: Bowen, Gallagher Re

Insured losses from severe convective storms (SCS) in the United States have continued to escalate through the third-quarter of the,.. Read More

Transfer of cyber risk to ILS investors crucial to unlocking growth: Twelve Capital webinar

Demand for cyber insurance and reinsurance is expected to continue to grow in the years ahead, but with carriers seemingly,.. Read More

Reinsurance costs, lack of aggregate cover are risks to UK P&C sector: Moody's

Moody’s Investors Service said today that it is continuing to hold a negative outlook on the UK property and casualty,.. Read More

Ambassador cat bond fund hits $100m AUM, allocates more, adds second ILW

The Ambassador catastrophe bond mutual fund strategy has now surpassed the $100 million in assets under management (AUM) level needed,.. Read More

Markel CATCo run-off saw continued favourable development in Q2

Markel CATCo Investment Management, the retrocessional reinsurance specialist investment manager arm of Markel, is still running-off its portfolio of risk,.. Read More

Vesttoo case: Cell control dispute continues. Creditors say cash withdrawn

The latest filings in the Vesttoo bankruptcy case show that the battle over control of and access to segregated cells,.. Read More

CEA seeks $150m+ of quake reinsurance with Ursa Re 2023-2 cat bond

The California Earthquake Authority (CEA) is back to reopen the 144a catastrophe bond market during its traditional summer wind season,.. Read More

Howden Tiger hires Securis' Kenworthy to Capital Markets & Advisory team

Howden Tiger Capital Markets & Advisory, the insurance-linked securities and capital markets unit of the reinsurance broker, has announced the,.. Read More

Aon hires Aeolus PM Jake Nichols as Global Reinsurance Clients Leader, Bermuda

Broking giant Aon has announced the hiring of former Aeolus Capital Management portfolio manager Jake Nichols, as its new Global,.. Read More

Capital has calmed down, meaning more certainty for renewals: Inigo's Merrett

Because some of the capital in the reinsurance industry that had been nervous about potential losses from last year’s hurricane,.. Read More

Video from ILS Asia 2023. ILS developments in Singapore panel

This video of the fourth session of the day at our recent Artemis ILS Asia 2023 conference, held in Singapore,.. Read More

Two tranches of AXIS' Alturas Re 2020 reinsurance sidecar see maturity extended

Two tranches of preferred shares issued in 2020 by the AXIS Capital sponsored collateralized reinsurance sidecar vehicle Alturas Re Ltd.,.. Read More