personal Insurance

Hurricane Idalia loss high single-digit to low double-digit billions: Twelve Capital

Early indications are that the insurance and reinsurance industry loss from hurricane Idalia is estimated to be in a range,.. Read More

Parametric tornado insurance launched by Beazley, Sola & Spinnaker

Specialty London headquartered insurance and reinsurance company Beazley has launched a parametric tornado insurance product, which it claims is the,.. Read More

Vesttoo asks bankruptcy court to find White Rock and JPLs in contempt

After broker Aon’s segregated accounts and transformer company White Rock Insurance (SAC) Ltd. and the joint provisional liquidators of cells,.. Read More

Hurricane Idalia insured loss estimates point to lower-half of $3bn - $9bn range

Early estimates for the insurance and reinsurance industry loss caused by the impacts of hurricane Idalia in Florida and southeastern,.. Read More

Most cat bonds should not be impacted by hurricane Idalia: Twelve Capital's Steiger

The catastrophe bond market looks set to escape any significant impacts from hurricane Idalia, despite the fact a major storm,.. Read More

Hurricane Idalia losses manageable, but to sustain reinsurance demand: KBW

The eventual industry losses from hurricane Idalia are not expected to be that significant, with analysts at KBW saying they,.. Read More

Idalia landfall at Cat 3 125mph winds, to impact Florida, Georgia, Carolinas

Major hurricane Idalia has made landfall on the Florida Big Bend with winds around 125 mph near Keaton Beach at,.. Read More

Healthcare of Ontario Pension Plan (HOOPP) grew ILS investments 35% in 2022

Large Canadian institutional retirement fund, the Healthcare of Ontario Pension Plan (HOOPP), grew its allocation to insurance-linked securities (ILS) investments,.. Read More

Vesttoo "a depressing reminder of what can go wrong" - VC Andreessen Horowitz

The Vesttoo issues of invalid, fake or fraudulent letters of credit (LOCs) backing reinsurance deals provides “a depressing reminder of,.. Read More

Hurricane Idalia strengthens again. Forecast for Cat 4 landfall, 130mph+ winds

Hurricane Idalia has intensified further in recent hours and has become a major Category 3 storm with 120 mph sustained,.. Read More

Vesttoo case: White Rock notes 37 LOCs in question, representing $2.35bn

A new filing in the Vesttoo bankruptcy case provides a more detailed view of the scale of the alleged fraud,,.. Read More

Hurricane Idalia peak wind / surge forecasts increase slightly

The latest NHC update on hurricane Idalia shows a further slight increase in the peak wind speeds expected from the,.. Read More