Demex raises $5m to bring SCS reinsurance solution to market
Climate risk insurtech The Demex Group has raised $5 million from a syndicate of new and existing investors to deliver,.. Read More
personal Insurance
Aon strengthens risk capital, accelerates market-making capabilities
Global insurance and reinsurance broker Aon has strengthened its Risk Capital capabilities with the appointment of Joe Peiser as Chief,.. Read More
Twelve Capital: Limited impact from Hawaii fires & typhoon Lan, but aggregates watched
Twelve Capital, the Zurich-headquartered insurance-linked securities (ILS), catastrophe bond and reinsurance investment manager, has said that it expects no direct,.. Read More
Hawaii wildfire insured loss estimates range $1bn to ~$3bn
Insurance and reinsurance market loss estimates for the devastating wildfires in Hawaii are currently ranging from $1 billion to around,.. Read More
Vesttoo seeks "breathing room", files for Chapter 11 bankruptcy protection
Beleaguered insurtech Vesttoo has filed for Chapter 11 bankruptcy protection in the United States, as the company seeks “breathing room”,.. Read More
RenRe will share 50% of Validus property cat risk with investors: CEO
When Bermuda based reinsurance and third-party capital management specialist RenaissanceRe closes on its acquisition of the Validus reinsurance business from,.. Read More
Aons White Rock petitions to freeze Vesttoo assets in Israel: Report
Insurance and reinsurance broking giant Aon has expanded its attempt to freeze the assets of beleaguered insurtech Vesttoo, with a,.. Read More
Property underwriting a "moving feast" because of climate change: Beazley CEO
While Beazley’s CEO Adrian Cox implied recently that property insurance is more adequately priced than reinsurance, he also noted that,.. Read More
Vesttoo matter shines spotlight on fronting sector ERM: KBRA
The fall-out from the Vesttoo matter shines a spotlight on enterprise risk management (ERM) for the fronting sector, while there,.. Read More
Investors want to see more, before capital flows into reinsurance: Lancashire execs
Whatever the form of capital, be it from insurance-linked securities (ILS) investors or elsewhere, one good year of performance is,.. Read More
Hawaii wildfire rebuild cost est. $5.52bn, with 2,207 structures destroyed
The rebuilding cost of the devastating wildfire in Hawaii that has burned the historic town of Lahaina has been estimated,.. Read More
Aon's White Rock seeks $136.7m return of collateral from Vesttoo
In the ongoing court case that sees insurance and reinsurance broking giant Aon, via its White Rock SAC vehicle, pursuing,.. Read More
