No reason insurance debt should have revalued on banking crisis: Plenum
The crisis being seen in banking sectors, most prominently with the failure of Silicon Valley Bank and sale of Credit,.. Read More
personal Insurance
Property insurance claims 6-13% higher on inflation, outpacing prices: Swiss Re
In property insurance, rates are failing to keep up with inflation, according to global reinsurance firm Swiss Re, who estimates,.. Read More
American Integrity's new cat bond sees price rise, reset terms clarified
American Integrity Insurance Company of Florida, Inc. continues to pursue a new catastrophe bond and the $100 million target for,.. Read More
Kelvin Re future uncertain, not expected to be in TD Bank's long-term plans: AM Best
Kelvin Re Limited, the previously ILS capital backed Guernsey based reinsurance company, is not expected to form a part of,.. Read More
Turkey earthquakes insurance industry loss estimated US $3.5bn by PERILS
A first estimate for the insurance and reinsurance market industry loss from the recent Kahramanmaras Earthquake Sequence that struck Turkey,.. Read More
Citizens secures Lightning Re industry loss cat bond at $500m with 11% spread
Florida’s Citizens Property Insurance Corporation has now finalised the pricing on its first industry loss trigger catastrophe bond and the,.. Read More
Porch sees launch of reciprocal as strategy for a reinsurance hard market
Porch Group, Inc., a software company focused on services to homeowners including insurance, has launched a reciprocal insurance exchange and,.. Read More
Slide targets debut catastrophe bond with $100m Purple Re issuance
Slide Insurance Company, the full-stack homeowners property insurtech founded by former Heritage CEO Bruce Lucas, has entered the catastrophe bond,.. Read More
"Denominator effect" among the biggest ILS challenges: Chris Parry interview
The “denominator effect” and investor rebalancing across asset classes has driven some of the biggest challenges for the insurance-linked securities,.. Read More
ILS market at crossroads, but still growing as capacity hits $96bn: AM Best
The insurance-linked securities (ILS) market is seen as at a crossroads in the wake of hurricane Ian, although ILS capacity,.. Read More
Andover Companies seeks upsize to $175m for Locke Tavern Re cat bond
The Andover Companies, a large mutual insurance group in the Northeast US, has increased the target size for its debut,.. Read More
Typhoon Nanmadol industry loss lifted close to US $1bn by PERILS
The insurance and reinsurance industry loss estimate for Japanese typhoon Nanmadol, which struck the country in September 2022, has now,.. Read More
