No significant cat bond market impact from Hawaii wildfires: Plenum
The devastating wildfires in Maui, Hawaii are not expected to have any significant impact on the catastrophe bond market, specialist,.. Read More
personal Insurance
Aon's White Rock pursues Vesttoo in court, gets order to freeze assets
Insurance and reinsurance broking giant Aon is pursuing beleaguered insurtech Vesttoo through a New York Court via its White Rock,.. Read More
ALIRT finds $1.3bn+ China Construction Bank LOCs in hunt for Vesttoo exposure
In analysing US insurer filings for their use of letters of credit (LOCs) specifically from one of the banks at,.. Read More
Reinsurance hard market will probably sustain into 2025: Munich Re CEO
The CEO of one of the world’s largest reinsurance companies said today that he believes the current hard market conditions,.. Read More
All parties exposed to Vesttoo-linked collateral issue bear some responsibility, says ALIRT
ALIRT Insurance Research has concluded that, ultimately, all of the parties exposed to the alleged fraudulent LOC issue engulfing insurtech,.. Read More
Hannover Re cedes EUR 128m of nat cat losses to retrocession in H1
While global reinsurance firm Hannover Re’s large losses came in under budget for the first-half of 2023, the company still,.. Read More
International Travel Tips: 20 Things To Consider.
Your trip is booked, your bags are packed, and you’re ready to take off for that dream destination. Make the,.. Read More
Lancashire reports strong H1 property growth, significant rate increases
Specialty insurance and reinsurance group Lancashire Holdings continued to grow in the first half of 2023 on the back of,.. Read More
Hail drives 2023 US SCS loss trends. Insured total nears $40bn: Bowen, Gallagher Re
Hail damage is once again driving the loss trend for severe convective storms (SCS) in the United States, with the,.. Read More
Higher attachments clear in ILS fund recovery since hurricane Ian
One of the key drivers for some insurance-linked securities (ILS) funds in their strong recovery following September 2022’s hurricane Ian,.. Read More
Munich Re shrinks P&C book at July renewals, but on track to exceed full-year profit target
Global reinsurer Munich Re shrank its property and casualty (P&C) reinsurance book by 1.9% at the July reinsurance renewals as,.. Read More
Essent gets $281.5m of mortgage reinsurance with upsized Radnor Re 2023-1
Essent Guaranty, a wholly owned subsidiary of Essent Group, has announced the successful closing of its ninth mortgage insurance-linked securities,.. Read More
