Allstate's annual aggregate year catastrophe losses surpass $3bn, pre-tax
Allstate, the US nationwide insurance giant, has reported a further $313 million of pre-tax catastrophe losses for July 2023, which,.. Read More
personal Insurance
Ambassador Fund invests in first cat bonds, renews Consulate ILW deal
The Ambassador Fund, a US mutual investment fund that was launched with a promise to have a core focus on,.. Read More
Are Stab-Lok circuit breakers endangering your business?
Your business has safety procedures and equipment in place to avoid deadly fires, but did you know that one safety,.. Read More
California legislators ignore property insurance crisis, as more insurers pull-back
Issues in California surrounding property insurance availability appear to be escalating, with two more carriers reported to have pulled-back from,.. Read More
Everest cedes more premiums, fewer losses to Mt. Logan Re in Q2 2023
Global insurance and reinsurance specialist Everest has seen the recent trend of a return to productive growth for its collateralized,.. Read More
Artemis London 2023: View our agenda for the day
You can now view the agenda and session timings for our upcoming catastrophe bond and insurance-linked securities (ILS) market conference,,.. Read More
Cyclone Gabrielle insured loss estimate lifted 5% to NZ $2.018bn by PERILS
The insurance and reinsurance industry loss estimate for Cyclone Gabrielle’s impacts in New Zealand has now been raised by a,.. Read More
China-based investors in focus as capital providers behind Vesttoo-linked LOC fraud
Artemis has learned from sources that the investors behind collateralized reinsurance transactions facilitated by insurtech Vesttoo where the letters of,.. Read More
Maui wildfire insured losses in range from $2.5bn - $4.5bn: Bloomberg Intelligence
Another estimate for the potential insurance and reinsurance market loss from the devastating Lahaina wildfire on the island of Maui,,.. Read More
Vesttoo: Source of fraud external, results of investigation to be published
In a new statement, under-fire insurtech Vesttoo has said that it confirms the source of the fraud experienced, to do,.. Read More
Opportunity cost of trapped ILS collateral in focus: Megan Green, PWC Bermuda
The “opportunity cost” of having collateral trapped from prior year events is, in the current higher reinsurance rate environment, increasingly,.. Read More
Atlantic tropics look set to fire up, but storm formation still uncertain
Meteorologists eyes have all turned towards the Atlantic tropics in recent days, as forecast models have increasingly pointed towards an,.. Read More
