Florida: Legislators pitch hurricane risk pool, Citizens CEO questions reinsurance availability
At a meeting of the Florida House Insurance and Banking Subcommittee yesterday, Tim Cerio, the CEO of Citizens Property Insurance,.. Read More
personal Insurance
Cat bond funds buck the UCITS trend, growing as sector saw $38bn outflows: Kepler
Catastrophe bond funds were a bright spot in the alternative UCITS investment fund space in 2023, as cat bond funds,.. Read More
Arks Outrigger Re sidecar generates $69m of income for White Mountains in 2024
Over the course of full-year 2023, White Mountains has reported that its investment into the Outrigger Re collateralized reinsurance sidecar,.. Read More
FEMA targets $350m FloodSmart Re 2024-1 NFIP catastrophe bond
The U.S. Federal Emergency Management Agency (FEMA) is back in the catastrophe bond market, looking to secure at least $350,.. Read More
Vesttoo creditors try mediation to solve consolidation vs segregation dispute
The creditors in the Chapter 11 bankruptcy case of insurtech Vesttoo are now trying mediation out, as a way to,.. Read More
Hannover Re 'satisfied' with outcome of more stable Jan renewals as portfolio grows 6.9%
German reinsurer Hannover Re has today reported an inflation and risk-adjusted price increase on renewed business of 2.3% at the,.. Read More
Hannover Re shrinks K-Cessions to $757m, but could have placed more: Ludolphs
Hannover Re placed its K-Cessions quota share sidecar at US $757 million in size for 2024, shrinking the structure by,.. Read More
What NOT to do when specifying your portable possessions
Think home contents insurance covers your expensive sunnies? Think again. You need a whole different policy. Here are a few,.. Read More
Retro market more accommodating this year: SCOR's Conoscente
Global reinsurer SCOR found the retrocession marketplace to be more accommodating at the January 2024 reinsurance renewals, enabling the firm,.. Read More
Parametric reinsurance a beacon in challenging market conditions: Augment Risk
Risk capital and reinsurance solutions broker Augment Risk believes that parametric reinsurance solutions can be a “beacon” in a challenging,.. Read More
CAT drives global property rates, competition moderates increases: Marsh
According to broker Marsh, global property insurance rates were driven higher by catastrophe exposed regions and assets in the fourth,.. Read More
Cat bond market drives ILS growth, moderate expansion to continue: Moody's
According to Moody’s Investors Service, remains the key driver of growth in insurance-linked securities (ILS), expecting a moderate pace,.. Read More
