CelsiusPro & NZ insurer Tower partner on parametric Pacific cyclone cover
CelsiusPro AG, the Swiss headquartered weather index insurance and parametric risk transfer specialist, and New Zealand based primary insurance group,.. Read More
personal Insurance
Cat loss retention rises at Euro insurers, as lack of aggregate cover bites: Fitch
Recent results from major Italian primary insurance companies have clearly evidenced that reinsurance terms, conditions and higher attachments are driving,.. Read More
Clear Blue ratings off negative watch. Some uncertainty from Vesttoo fraud remains
The financial strength ratings of fronting specialist Clear Blue Insurance Insurance Group have been removed from negative watch by AM,.. Read More
Hard market expected through 2024, as cat losses to exceed $100bn: Swiss Re
Global reinsurance giant Swiss Re has said that it forecasts insurance industry losses from natural catastrophe events will exceed US,.. Read More
Florida Citizens shows signs of beginning to shrink, HCI takes out 53,750 policies
HCI Group subsidiary Homeowners Choice Property & Casualty Insurance Company, has completed a successful takeout of approximately 53,750 policies from,.. Read More
Arch cancels $1.7bn of Bellemeade ILS as S&P rating change erodes capital relief
Arch Capital Group has cancelled a number of its Bellemeade Re mortgage insurance-linked securities (ILS) arrangements with their notes set,.. Read More
Risk-sharing systems must be a pillar of Loss and Damage architecture: Report
A new report calls on the world to implement risk sharing systems, such as parametric triggers in insurance, reinsurance and,.. Read More
Plenum Insurance Capital Fund surpasses $400m in assets
Plenum Investments AG, the Zurich based specialist insurance-linked securities (ILS) and catastrophe bond investment manager, has grown the assets under,.. Read More
Nayms facilitates secondary trade of tokenised crypto-denominated ILW
Insurtech Nayms has facilitated a first secondary trade of participation tokens on its platform, as two parties traded a participation,.. Read More
Liberty Mutual seeks $250m Mystic Re IV 2024-1 industry loss cat bond
Insurance giant Liberty Mutual is back in the catastrophe bond market seeking a $250 million or greater source of industry,.. Read More
Artex to rebrand cell facilities and cell transformer offering as Artex Axcell
Artex, the captive, alternative risk transfer, insurance-linked securities (ILS) facilitation and capital solutions subsidiary of Gallagher, is set to rebrand,.. Read More
Catastrophe bond market will set new issuance records in 2023
Annual global catastrophe bond and related insurance-linked securities (ILS) issuance is officially on-track to breach $14 billion for the first,.. Read More
