Blackstone seeks $250m multi-peril indemnity cover with second Wrigley Re cat bond
Investment giant Blackstone has returned to the catastrophe bond market for the second time, seeking a $250 million or greater,.. Read More
personal Insurance
NJM Insurance lifts Lower Ferry Re cat bond top target to $225m
NJM Insurance has increased its appetite for named storm reinsurance from the capital market with its new catastrophe bond, now,.. Read More
Insurers pay over one-third of $3.18bn NZ floods & Cyclone Gabrielle claims: ICNZ
According to the Insurance Council of New Zealand, insurers have now paid $1.08 billion of an estimated $3.18 billion of,.. Read More
Generali establishes Parametrics practice within GC&C, names Weber Head of
European and global insurance giant Generali is formalising the structure of a Parametrics practice within its Global Corporate & Commercial,.. Read More
Nat cat protection gap widens to $368bn. Cat / resilience bonds needed: Swiss Re
The gap between natural catastrophe exposure and how much of it is covered by insurance has widened in dollar terms,,.. Read More
Europe directs ESMA to study eligible assets for UCITS (including cat bonds)
We’ve learned that the European Commission has now directed financial regulator the European Securities & Markets Authority (ESMA) to study,.. Read More
AXA's target for new Eiffel Re cat bond lifts to as much as 150m
Global insurance and reinsurance group AXA has increased its appetite for European windstorm reinsurance protection through the new catastrophe,.. Read More
Acorn Re parametric US quake cat bond could grow to $175m
The recently launched and still in the market parametric earthquake catastrophe bond transaction has had its target lifted to,.. Read More
Zurich & Prudential Financial in
Zurich and Prudential Financial, Inc. have combined to deliver a £1.7 billion pension longevity swap and reinsurance risk transfer arrangement,.. Read More
Vortex teams with Speedwell to take parametric supplemental hurricane cover online
Vortex Insurance Agency, a specialist insurtech that offer parametric insurance and weather risk transfer products, backed by MS&AD group’s Mitsui,.. Read More
Rear & Allen SPAC plans
Financials Acquisition Corp, a special purpose acquisition company launched in 2022 by sector executives William Allen and Andrew Rear, is,.. Read More
Severe Convective Storm insured losses ~$5.5bn from Jun 10th-19th by KCC
Insurance and perhaps reinsurance market losses from a spate of Severe Convective Storm (SCS) activity that struck the Central and,.. Read More
