Aon calls for Clear Blue's lawsuit over Vesttoo fraud to be dismissed
Aon has filed a motion calling for the New York state lawsuit that fronting specialist Clear Blue Insurance filed against,.. Read More
personal Insurance
AXIS' reinsurance premiums ceded to investors rises 17% in 2023
AXIS Capital, the Bermuda based specialty insurance and reinsurance company, has increased its activities with third-party investors in 2023, ceding,.. Read More
Nephila fund revenues rise at Markel, cat and specialty ILS programs grow
In reporting its full-year 2023 results, Markel Group has highlighted higher insurance-linked securities (ILS) revenues from the managed ILS funds,.. Read More
Descartes expands parametric solutions beyond cat, with first cyber offering
Demonstrating its appetite to deliver parametric insurance and data-driven risk transfer solutions beyond natural catastrophe, weather and climate risks, specialist,.. Read More
AIG invested $350m in RenaissanceRe's Capital Partners vehicles at 1/1
Insurance giant AIG made good on its promise to invest into some of the third-party capital backed reinsurance joint-venture vehicles,.. Read More
Gallagher Re names Spenner International CEO, as Melia to retire
Gallagher Re, the reinsurance broking arm of the Gallagher group, has announced that Dirk Spenner will become International CEO, as,.. Read More
BMS Re names Wheeler and McGuire Co-CEO's, as Chandler moves to vice-chair
Reinsurance broker BMS Re, part of the BMS Group, has announced that its chief executive officer Pete Chandler is stepping,.. Read More
Cat bond spreads show investor demand. Fading interest rates to build ILS appeal: BofA
The narrowing of catastrophe bond spreads in recent months and into early 2024 is reflective of the strong investor demand,.. Read More
Why are Homeowners Insurance Rates Increasing? | Scott Insurance
Over the past few years, nearly every homeowner in the U.S. has seen an increase in their homeowners insurance premium.,.. Read More
Bermuda Stock Exchange (BSX) ILS listings near $60bn after strong 2023
Catastrophe bonds and insurance-linked securities (ILS) newly listed on the Bermuda Stock Exchange (BSX) in 2023 soared by 195, taking,.. Read More
Vesttoo bankruptcy case: Creditors accuse Chaucer of "lying in wait"
While disagreements over a consolidated approach to liquidating the Vesttoo bankruptcy estate, versus a more segregated approach that makes assets,.. Read More
Primary insurers best suited to absorb frequency losses: Gianfranco Lot, Swiss Re
At the recent January reinsurance renewals there was widespread recognition in the market that “primary insurers are best suited to,.. Read More
