Sacked Vesttoo CEO denies knowledge of fraud, says investigation conflicted
Former Vesttoo CEO Yaniv Bertele has claimed no knowledge of the “document falsification” that occurred at the company, seeking to,.. Read More
personal Insurance
Aon & Lloyd's Disaster Risk Facility develop reinsurance for IFRC Fund
Broking group Aon and the Lloyd’s Disaster Risk Facility have developed a reinsurance product to support an International Federation of,.. Read More
S&P revises reinsurance outlook to stable, as pricing power returns
The global reinsurance market outlook is no longer negative, S&P Global Ratings said yesterday, as pricing power has now returned,.. Read More
ILS fund returns continue record-setting pace in 2023: ILS Advisers Index
The returns of insurance-linked securities (ILS) funds as a group continue on a record-setting pace through 2023, as the ,.. Read More
CelsiusPro acquires Global Parametrics
CelsiusPro AG, the Swiss headquartered weather index insurance and parametric risk transfer specialist, has announced a significant acquisition as the,.. Read More
Non-life alternative capital hits record $99bn high: Gallagher Re
Investor inflows to the catastrophe bond market have helped to drive non-life alternative reinsurance capital to a new record high,.. Read More
Porchs HOA replaces 84% of Vesttoo-linked reinsurance, TDI supervises
Porch Group subsidiary Homeowners of America Insurance Company (HOA), a managing general agent (MGA) and insurance carrier hybrid with exposure,.. Read More
Affordable Housings Pull Cord Problem and the Unintended Insurance Ramifications | Scott Insurance
The affordable housing community, specifically HUD Section 202 for elderly housing, is experiencing an avoidable crisis. This crisis originates from,.. Read More
London Bridge 2 has full pipeline: Lloyds CFO Keese at Artemis London 2023
London Bridge 2, the Lloyd’s insurance-linked securities (ILS) platform, has a full pipeline and by the end of this year,.. Read More
Catastrophe bond market total-return surpasses 14% YTD
The total-return of the catastrophe bond market is now above 14% for the first eight months of 2023, meaning that,.. Read More
Triple threat pressures property insurers (losses, inflation, reinsurance costs)
Property insurance markets are facing a “triple threat” from more frequent and severe weather-related losses, rising inflation and higher reinsurance,.. Read More
Collateralized reinsurance set for return to favour, Moody's survey suggests
As a form of protection, collateralized reinsurance looks like it could be set for a return to favour, as more,.. Read More
