Vesttoos Bermuda collateralized insurer Vesttoo Alpha P&C being liquidated
The collateralized insurer class of company that was set up by is now being liquidated, with the company stating,.. Read More
personal Insurance
Nationwide opts for longer extension for at-risk Caelus Re VI cat bond notes
US primary insurance giant Nationwide Mutual Insurance Company has now opted for a longer extension of two tranches of its,.. Read More
TSR raises Atlantic hurricane forecast, cites neutral or favourable trade winds
Forecast group Tropical Storm Risk (TSR) has raised its forecast for the for a second time, now citing an,.. Read More
RenaissanceRe third-party capital AUM hits $6.85bn on cat bond growth
RenaissanceRe saw its third-party investor capital assets under management (AUM), dedicated to its property and casualty reinsurance business, rise by,.. Read More
Higher reinsurance attachment points the real hard market story: Jefferies
Echoing what we’ve been reporting for over a year now, higher attachment points for reinsurance and retrocession contracts are the,.. Read More
SCS and tornado activity puts aggregate cat bonds under pressure again: Plenum
A number of annual aggregate catastrophe bonds that cover severe convective storms and severe thunderstorms in the United States are,.. Read More
Roosevelt Road MGA Tradesman replaces Vesttoo-linked reinsurance
Tradesman Program Managers, a specialist managing general agent (MGA) wholly owned by Roosevelt Road Capital Partners, has secured replacement reinsurance,.. Read More
Turkey earthquakes insured loss estimate raised 7% to US $4.9bn
The insurance and reinsurance market industry loss estimate for the Kahramanmaras Earthquake Sequence that struck Turkey in February 2023 has,.. Read More
White Mountains reports $153.3m of ILS fund investments, low sidecar CR
White Mountains Insurance Group has reported that the value of its investments into insurance-linked securities (ILS) funds has risen by,.. Read More
"Solid returns" expected for ILS asset class in second-half: Liu, Amundi US
With seasonality set to boost already high returns for insurance-linked securities (ILS), Chin Liu of Amundi US Investment Management is,.. Read More
Vesttoo: KYC was conducted on all parties internally, as well as by external orgs
In a new statement, a spokesperson from under-fire insurtech Vesttoo has said that know your customer (KYC) was conducted on,.. Read More
Carriers get replacement capacity requests for billions of risk in Vesttoo fall-out
Across the market, carriers are receiving requests for replacement capacity to support billions in risk, in the wake of the,.. Read More
