Allstate shrinks Florida reinsurance tower, uses cat bonds to fill upper layers
At the mid-year renewals, US primary insurance giant Allstate has shrunk its Florida reinsurance tower, and shifted all of its,.. Read More
personal Insurance
AXIS' third-party capital premiums ceded fall again, but fees rise for Q2
Bermuda-headquartered re/insurer AXIS Capital has continued to cede lower reinsurance premiums to third-party capital partners in the second-quarter of 2023,,.. Read More
Slide approved for perhaps largest Florida Citizens takeout ever: CEO Bruce Lucas
Speaking with us today, Bruce Lucas, the Chief Executive Officer (CEO) of full-stack homeowners property insurtech, Slide Insurance Company, explained,.. Read More
FBI investigating LOC fraud allegations linked to Vesttoo collateral
As the audit and investigation into the discovery of fraudulent or forged letters of credit (LOCs) linked to collateralized reinsurance,.. Read More
BT Pension gets
The BT Pension Scheme has entered into a UK £5 billion longevity swap arrangement with Reinsurance Group of America (RGA,.. Read More
Vesttoo to lay off large portion of global workforce
Under pressure insurtech Vesttoo is set to lay off a large portion of its global workforce as it continues to,.. Read More
Reinsurance "less dislocated" but pent-up demand possible at Jan 2024: Peel Hunt
Overall, the global reinsurance market is now less dislocated than it was at the beginning of the year, analysts at,.. Read More
Corinthian agrees investor terms to replace Vesttoo LOC-linked collateral
Corinthian Group, the specialty non-catastrophe focused collateralized P&C reinsurance firm, has told its partners that it has agreed to terms,.. Read More
BGC Group launches weather derivatives desk with Ernst hires
BGC Group, Inc., the global brokerage and financial technology company, has launched a new weather derivatives broking desk, with the,.. Read More
ILS spreads may tighten further, but K2 raises conviction on ILW's
Analysing the insurance-linked securities (ILS) market outlook for the third-quarter of 2023, K2 Advisors, the hedge fund focused investment management,.. Read More
Even Chubb sees property cat reinsurance retention rise at renewals
In the current hard reinsurance market environment, even the very largest cedents with the best track-records now have increased retentions.,.. Read More
Insuring Barbie: A plastic doll's fabulously covered life
What if Barbie, the world's most famous doll, had insurance? Join us as we explore her cover options with King,.. Read More
