personal Insurance

Guy Carpenter hires Greg McBride from Mt. Logan Re

Reinsurance broker Guy Carpenter has added another senior employee with significant experience in insurance-linked securities (ILS) and collateralized markets, as,.. Read More

Vesttoo bankruptcy move halts Aon White Rock legal action (for now)

The move by beleaguered insurtech Vesttoo to file for Chapter 11 bankruptcy protection has resulted in the legal action being,.. Read More

Lahaina, Maui fire insured property loss estimated ~$3.2bn by KCC

Insured property losses from the wildfire that devastated the Maui town of Lahaina in Hawaii have been estimated at around,.. Read More

Vesttoo: Asset freeze would be "catastrophic" for company

In court documents filed to petition against the freezing of its assets, insurtech Vesttoo has said the move would be,.. Read More

FLOIR approves new P&C insurer as Citizens depopulation participation rises

The Florida Office of Insurance Regulation (OIR) recently approved Texas-based property and casualty (P&C) insurer, Mainsail Insurance Company, as a,.. Read More

The "bonanza" is over, ILS capital more disciplined: Swiss Re CEO Mumenthaler

While there was a bit of a “bonanza” in terms of capital pouring into reinsurance from the capital markets a,.. Read More

The "bonanza" is over, ILS capital more diciplined: Swiss Re CEO Mumenthaler

While there was a bit of a “bonanza” in terms of capital pouring into reinsurance from the capital markets a,.. Read More

Demex raises $5m to bring SCS reinsurance solution to market

Climate risk insurtech The Demex Group has raised $5 million from a syndicate of new and existing investors to deliver,.. Read More

Aon strengthens risk capital, accelerates market-making capabilities

Global insurance and reinsurance broker Aon has strengthened its Risk Capital capabilities with the appointment of Joe Peiser as Chief,.. Read More

Twelve Capital: Limited impact from Hawaii fires & typhoon Lan, but aggregates watched

Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager, has said that it expects no direct,.. Read More

Hawaii wildfire insured loss estimates range $1bn to ~$3bn

Insurance and reinsurance market loss estimates for the devastating wildfires in Hawaii are currently ranging from $1 billion to around,.. Read More

Vesttoo seeks "breathing room", files for Chapter 11 bankruptcy protection

Beleaguered insurtech Vesttoo has filed for Chapter 11 bankruptcy protection in the United States, as the company seeks “breathing room”,.. Read More