personal Insurance

Canada wildfire insured losses in Q3 seen up to $1.5bn by DBRS Morningstar

Rating agency DBRS Morningstar has estimated that the ongoing wildfires in Canada will drive insurance market losses of up to,.. Read More

RLI estimates up to $75m of catastrophe losses from Hawaii wildfires

RLI Corporation, a traditional insurance and reinsurance specialist, has estimated that its pre-tax and net of reinsurance catastrophe losses from,.. Read More

White Rock, cell JPL's and Vesttoo agree on a proposed automatic stay order

The latest in the Vesttoo bankruptcy case, is that the insurtech’s lawyers have engaged with counsel for Aon’s White Rock,.. Read More

Ledger completes $250m syndicated secondary casualty ILS trade

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has completed a significant new secondary trade of,.. Read More

Insured weather losses could reach $100bn again in 2023: Bloomberg

According to analysts at Bloomberg Intelligence, the insurance and reinsurance industry looks to be on-track to suffer over $100 billion,.. Read More

Fermat cat bond fund importance to GAM is clear, as cited in ownership tussle

The importance of the Fermat Capital Management catastrophe bond funds to global asset manager GAM Investments has become abundantly clear,,.. Read More

Munich Re stretches lead at top of AM Best global reinsurer ranking

Reinsurance giant Munich Re has stretched its lead at the top of the AM Best ranking of and while,.. Read More

Hawaii wildfire damage to cost up to $6bn, with ~75% insured: Moody's RMS

The insurance market could face losses of up to the region of ~$4 billion from the recent devastating wildfires that,.. Read More

PGGM / PFZW rolls Vermeer Re income, taking reinsurer to $2bn

Vermeer Reinsurance Ltd., the joint-venture and rated underwriting vehicle that RenaissanceRe manages on behalf of Netherlands-based pension investor PGGM and,.. Read More

Clear Blue to appear in Vesttoo bankruptcy case to protect rights as creditor

Clear Blue Insurance Group is the first external organisation that has signed up to appear in the Chapter 11 bankruptcy,.. Read More

Aspen Capital Markets fee income rises 30% to $61m in H1 2023

Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, is benefiting from the increased,.. Read More

Reinsurance pricing resolve is strong, no matter hurricane season impact: JPM

Analysts at J.P. Morgan are of the view that it doesn’t matter whether the Atlantic hurricane season proves impactful, or,.. Read More