Vesttoo says value can be recovered as it & creditors object to US Trustee move
Vesttoo is now insisting that there is value recoverable in some reinsurance transactions that were “bona fide”, while at the,.. Read More
personal Insurance
Storm Ciarn industry loss estimated up to 1.3bn by Verisk
European windstorm Ciarán is estimated to have caused an insurance industry loss of between €800 million and €1.3 billion, according,.. Read More
USAA secures $400m reinsurance from new Residential Re 2023-2 cat bond
USAA, the primary military mutual insurance company, has now successfully secured its latest catastrophe bond, the deal, one-third larger,.. Read More
Covea finalises Hexagon IV Re cat bond at upsized 145m
French mutual insurer Covéa Group has now finalised its new catastrophe bond at the upsized target for €145 million,.. Read More
Signals point to risk-adjusted rate improvements at 1/1: Conduit Re
Conduit Re, the Bermuda headquartered global reinsurance company that launched for the 2021 underwriting year, said today there are signals,.. Read More
Munich Re lifts guidance on lower major losses, despite 200m Maui wildfire hit
Munich Re has delivered another very strong quarter of results, helped by major losses and natural catastrophe costs coming in,.. Read More
Hiscox ILS funds deliver record results so far in 2023
According to Hiscox Group’s interim statement this morning, the firm’s insurance-linked securities (ILS) fund management unit, Hiscox ILS, has delivered,.. Read More
What you need to know about agreed value insurance
Discover the benefits of agreed value car insurance and how it provides a unique layer of financial security for your,.. Read More
Insured catastrophe losses have now surpassed $100bn in 2023: Bowen
Global insurance and reinsurance market losses from natural catastrophe events have already surpassed $100 billion in 2023, making this the,.. Read More
We don't expect a big inflow of new capital & companies: AM Best's Carter
Rating agency AM Best is not anticipating any significant inflow of new capital or startup companies into the global reinsurance,.. Read More
Why regular drivers rule the road... And your premium
We're all about making your insurance journey as entertaining and drama-free as possible. Lights, camera, action, let's drive!,.. Read More
Nephila Capital cleans up the past with Markels help: Majors
Nephila Capital, the insurance-linked securities (ILS) asset manager owned by Markel, has effectively cleaned up its legacy reserves and eliminated,.. Read More
