AXIS decided against renewing cat bonds, happier with less basis risk: CFO Vogt
According to the CFO of specialty re/insurer AXIS Capital, the company decided not to renew a catastrophe bond this year,.. Read More
personal Insurance
College Safety Tips: 7 tips for college students.
College is an exciting season, especially because it’s often the first time many young adults leave home and live on,.. Read More
Vesttoo Board: "No plans to liquidate", co-founders "on paid leave"
Responding to media reports about the removal of senior co-founders and the potential dismantling of the company, the Board of,.. Read More
Artemis London 2023: Keynotes from World Bank Treasurer & Lloyd's CFO
We are delighted to announce two senior keynote speakers for our next insurance-linked securities (ILS) market conference, on ,,.. Read More
Australia's APRA highlights ILS & cat bonds as viable reinsurance alternative
Australian regulator of banks, insurers and pensions, the Australian Prudential Regulation Authority (APRA), has highlighted the viability of insurance-linked securities,.. Read More
Nephila AUM stable at $7.2bn. Markel's Nephila ILS revenues rise
At the end of the second-quarter of 2023, assets under management at Nephila Capital, one of the largest insurance-linked securities,.. Read More
New Zealand flood industry loss rises 18% to almost NZ $2bn: PERILS
There has been another significant increase to the insurance and reinsurance industry loss estimate for this year’s severe flooding that,.. Read More
Vesttoo: CEO Bertele & co-founder Lifshitz removed. Multiple banks said involved
As the saga involving insurtech Vesttoo continues to develop, it’s now been reported that the CEO and Chief Financial Officer,,.. Read More
AIG buys pre-wind season retro for Validus, XoL for Private Client Group: Zaffino
Speaking during the second-quarter earnings call for insurance giant AIG, the insurers’ CEO Peter Zaffino explained that the company took,.. Read More
Hurricane season: Forecasters place bets on SSTs overriding El Nio
The UK Met Office has pared back its forecast slightly in a new update, but while now predicting fewer,.. Read More
Vesttoo: Collateral LOC issues weren't spotted by multiple parties involved
As the story surrounding the discovery of fraudulent or forged letters of credit (LOCs) linked to collateralized reinsurance transactions facilitated,.. Read More
Progressive expects aggregate reinsurance to attach in Q3
US insurance giant Progressive believes that it will trigger recoveries under its aggregate catastrophe reinsurance coverage in the third-quarter of,.. Read More
