MS Transverse: Any exposure to Vesttoo LOC collateral issues "immaterial"
Hybrid fronting specialist MS Transverse has stated that Vesttoo only participates directly on one program with MS Transverse and that,.. Read More
personal Insurance
Blackstone indemnity cat bond an ILS market milestone: Monnier, Swiss Re
The just completed first indemnity catastrophe bond sponsored by asset management giant Blackstone is a new milestone for the insurance-linked,.. Read More
Active June sees Allstate report Q2 2023 catastrophe losses of $2.7bn
Large U.S. insurer Allstate has reported catastrophe losses of an estimated $1.13 billion for June 2023, taking total losses from,.. Read More
Travelers adds new hurricane reinsurance at renewal, but Q2 cat losses weigh
US primary insurer Travelers is the first major carrier to report second-quarter 2023 results and has also disclosed changes to,.. Read More
Backyard Safety: 8 tips for a safe home.
As the weather warms up and the days get longer, many of us are excited to spend more time outside,.. Read More
Vesttoo: Collateral damage
The insurance and reinsurance industry faces a potential crisis of confidence over some forms of collateral, as the fall-out from,.. Read More
Property cat bond issuance surpasses $10 billion already in 2023
Property catastrophe bond issuance in 2023 has now exceeded the $10 billion mark, and so is well on track to,.. Read More
RenRe names Lang permanent CRO. Branagan to remain as advisor
RenaissanceRe, the Bermuda based reinsurer and third-party ILS capital manager, has announced that Robin Lang is being named as permanent,.. Read More
QBE revises cat budget upwards after US convective storms
Australian headquartered insurance and reinsurance giant QBE said this morning that recent severe convective storm activity in the United States,.. Read More
Blackstone secures $250m of multi-peril Wrigley Re cat bond cover
Investment giant Blackstone has successfully secured its targeted $250 million of multi-peril, named storm and earthquake, and indemnity based catastrophe,.. Read More
Bain Capital raises $1.15bn insurance private equity fund
Private equity specialist investment manager Bain Capital is reported to have raised a $1.15 billion fund targeted at deployment into,.. Read More
Vesttoo: New report claims significant amount of forged LOCs. The question is how?
A new report from Israeli tech media group Calcalist claims that the audit at insurtech Vesttoo has turned up an,.. Read More
