Property cat pricing power could fall 5% to 10% at mid-year: AIFA conference
According to a report from analysts at BMO Capital Markets, a prominent reinsurance broking executive from Howden Tiger said that,.. Read More
personal Insurance
Hiscox launched new sidecar, first cat bond fund and raised $140m for 2024
Hiscox Group had a particularly busy end to the year in the insurance-linked securities (ILS) space, with a new collateralised,.. Read More
Life-saving advice for when youre driving through fog
Driving in the fog is no joke, so if you’re preparing to travel across the country during the festive season,.. Read More
Aon promotes Romeo to CEO Bermuda Reinsurance, Fox remains Chair
Global broking powerhouse Aon has promoted Roman Romeo to become the new chief executive officer (CEO) for its Bermuda Reinsurance,.. Read More
ILS funds deliver "particularly high" 1.16% return for January 2024
The average return of insurance-linked securities (ILS) funds tracked by the Eurekahedge ILS Advisers Index reached 1.16% for January 2024,,.. Read More
Long-range forecasts suggest 2024 hurricane season from hell
It’s that time of year when we anticipate a range of seasonal hurricane forecasts to be published over the coming,.. Read More
Universal aims to expand in Florida again, secures 90% of first-event reinsurance
Universal Insurance Holdings, a Florida headquartered insurer that is a bellwether for signals of appetite for risk and use of,.. Read More
Business Interruption Loss Calculation GuidelinesConsiderations of Anticipated Business Versus Rigid Adherence to Past Performance | Property Insurance Coverage Law Blog
March 4, 2024 Following up on the post, Business Interruption—What Is Speculative Versus Estimated Lost Profits, commercial policyholders and those responsible,.. Read More
African Risk Capacity makes over $170m of parametric payouts in first 10 years
The African Risk Capacity (ARC), a provider of parametric disaster insurance products to countries and other entities in Africa, has,.. Read More
Progressive renews aggregate reinsurance & 2024 hurricane season cover
Having made recoveries under its aggregate reinsurance arrangement in 2023, US insurance giant Progressive has successfully renewed this important protection,.. Read More
Texas wildfires: 500+ structures destroyed. $356m residential exposure. Utility sued
Wildfires continue to burn across Texas, the largest of which has burned over one million acres alone and is only,.. Read More
Australian summer insured catastrophe losses hit $1.2bn: ICA
According to the Insurance Council of Australia (ICA), insurance market losses from severe storms and catastrophe events that affected the,.. Read More
