Cat bond growth "not incompatible" with prolonged hard reinsurance market: BofA
The BofA Securities analyst team say they are increasingly constructive on the reinsurance sector, one reason being that alternative capital,.. Read More
personal Insurance
Nephila writes $756m of Florida Citizens renewal, Berkshire takes $1bn
Insurance-linked securities (ILS) investment management specialist Nephila Capital has written just over $756 million of the $2.98 billion reinsurance placement,.. Read More
Cyber ILS deals an opportunity to "lessen tail risk" for expanding product line: Fitch
The issuance of , and Hannover Re’s $100 million, Stone Ridge Asset Management-backed retrocession cyber quota share arrangement, “represent the potential,.. Read More
California's capacity issues continue with Farmers the latest to ease-back
Farmers Insurance has become the latest major US insurance carrier to announce it is easing-back somewhat from writing property business,.. Read More
Almost nowhere in US safe from severe weather in 2023 as losses surpass $26bn: BMS
Insurance industry losses from severe weather in the United States are estimated to have surpassed $26 billion year-to-date by broker,.. Read More
Canadian wildfires main component of Intact's $421m Q2 2023 catastrophe loss estimate
Canadian property and casualty insurer, Intact Financial Corporation, has reported pre-tax catastrophe losses of an estimated CA $421 million, net,.. Read More
Capital raised YTD still far below level needed to soften the cycle: J.P. Morgan
Capital raised in reinsurance and insurance-linked securities (ILS) year-to-date remains far below the level required to threaten the current hard,.. Read More
Beazley to transfer ESG consortium to sit under Smart Tracker syndicate
London headquartered specialty insurance and reinsurance firm Beazley is moving its ESG consortium out of the Lloyd’s Syndicate In A,.. Read More
Amundi Pioneer cat bond fund growing, but ILS Interval fund shrinks again
Reflecting investor sentiment and where capital is flowing to in the insurance-linked securities (ILS) market, asset manager Amundi Pioneer has,.. Read More
Non-life hard market to continue, especially in property: Swiss Re
The global insurance market is expected to continue experiencing a hard market in non-life risks through the rest of this,.. Read More
Inver Re SAC set up in Bermuda as captive & collateralized vehicle for Ardonagh Group
A new Bermuda based Class 3 re/insurer and segregated accounts company has been set up by reinsurance broker Inver Re,,.. Read More
AXA reportedly looking to offload reinsurance arm
Reuters has reported that AXA is looking to sell its reinsurance arm under AXA XL, as it looks to reduce,.. Read More
