China-based investors in focus as capital providers behind Vesttoo-linked LOC fraud
Artemis has learned from sources that the investors behind collateralized reinsurance transactions facilitated by insurtech Vesttoo where the letters of,.. Read More
personal Insurance
Maui wildfire insured losses in range from $2.5bn - $4.5bn: Bloomberg Intelligence
Another estimate for the potential insurance and reinsurance market loss from the devastating Lahaina wildfire on the island of Maui,,.. Read More
Vesttoo: Source of fraud external, results of investigation to be published
In a new statement, under-fire insurtech Vesttoo has said that it confirms the source of the fraud experienced, to do,.. Read More
Opportunity cost of trapped ILS collateral in focus: Megan Green, PWC Bermuda
The “opportunity cost” of having collateral trapped from prior year events is, in the current higher reinsurance rate environment, increasingly,.. Read More
Atlantic tropics look set to fire up, but storm formation still uncertain
Meteorologists eyes have all turned towards the Atlantic tropics in recent days, as forecast models have increasingly pointed towards an,.. Read More
Guy Carpenter hires Greg McBride from Mt. Logan Re
Reinsurance broker Guy Carpenter has added another senior employee with significant experience in insurance-linked securities (ILS) and collateralized markets, as,.. Read More
Vesttoo bankruptcy move halts Aon White Rock legal action (for now)
The move by beleaguered insurtech Vesttoo to file for Chapter 11 bankruptcy protection has resulted in the legal action being,.. Read More
Lahaina, Maui fire insured property loss estimated ~$3.2bn by KCC
Insured property losses from the wildfire that devastated the Maui town of Lahaina in Hawaii have been estimated at around,.. Read More
Vesttoo: Asset freeze would be "catastrophic" for company
In court documents filed to petition against the freezing of its assets, insurtech Vesttoo has said the move would be,.. Read More
FLOIR approves new P&C insurer as Citizens depopulation participation rises
The Florida Office of Insurance Regulation (OIR) recently approved Texas-based property and casualty (P&C) insurer, Mainsail Insurance Company, as a,.. Read More
The "bonanza" is over, ILS capital more disciplined: Swiss Re CEO Mumenthaler
While there was a bit of a “bonanza” in terms of capital pouring into reinsurance from the capital markets a,.. Read More
The "bonanza" is over, ILS capital more diciplined: Swiss Re CEO Mumenthaler
While there was a bit of a “bonanza” in terms of capital pouring into reinsurance from the capital markets a,.. Read More
