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
personal Insurance
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
Tropical storm Bret forecast to strengthen en route to Caribbean
Tropical storm Bret formed in the Atlantic yesterday, becoming perhaps the earliest storm to form so far east, which experts,.. Read More
Arbol automates parametric reinsurance triggers using a blockchain
Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has teamed up with the,.. Read More
Fidelis targets hard market growth as it launches New York IPO
Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, has launched its awaited New York,.. Read More
Climate-driven US hurricane losses to rise at least 10% in certain scenarios, warns Aon
The impact of climate change has the potential to increase hurricane losses in the U.S. by at least 10% over,.. Read More
Nationwide extends distressed Caelus Re VI cat bond, looks to finalise recoveries
Two tranches of the Caelus Re catastrophe bonds sponsored by US primary insurance giant Nationwide Mutual Insurance Company that have,.. Read More
Collateralized ILS fund capital raising still slower going than cat bonds
Raising capital into collateralized reinsurance investment fund opportunities continues to be a much slower segment of the insurance-linked securities (ILS),.. Read More
