PGGM ILS growth to $8.5bn at mid-year 2022 a likely trigger for downsizing
Netherlands-based pension investor PGGM had increased the size of its insurance-linked securities (ILS) market investments to roughly US $8.5 billion,.. Read More
personal Insurance
Attachments doubling, hours clause shrinking. US renewals to close with holes
While price is, of course, a major focus for the January 2023 reinsurance and retrocession renewals, it is the changes,.. Read More
Lower-risk UCITS cat bond funds see strongest gains again
The lower-risk cohort of UCITS catastrophe bond funds has again seen the strongest gains in the last week of record,.. Read More
Typhoon Nanmadol industry loss lifted 5% to JPY 120bn by PERILS
Japanese typhoon Nanmadol, which struck the country in September 2022, is now estimated to have caused a JPY 120 billion,.. Read More
Will Appraisal Remain Appraisal As We Know It? | Merlin Law Group
Insurance companies are rewriting standard appraisal language in many states where this is allowed. We have recently received numerous requests,.. Read More
SCOR renews catastrophe & mortality contingent capital facility at 300m
France-headquartered global reinsurance company SCOR has renewed its capital markets-backed contingent capital facility, to provide a three-year source of up,.. Read More
Beazley's Hartigan on colliding forces that drove property re/insurance crunch
It’s the time of year for op-ed and outlook articles and Patrick Hartigan, Group Head of Treaty business at insurance,.. Read More
CyberCube raises $50m for growth, with HSCM participating again
Cyber risk analytics and quantification software specialist CyberCube has announced a successful raise of $50 million in capital to fund,.. Read More
The art and science of ratemaking has to evolve: Swiss Res Ojeisekhoba
A quickfire succession of what were historically considered low-probability events has created an “unprecedented challenge” for the reinsurance industry, making,.. Read More
Expect higher catastrophe reinsurance profits in 2023, as volatility shifts: KBW
Due to the hardening reinsurance market and the shrunken availability of catastrophe capacity, rate increases are expected to be “significant”,.. Read More
PRA updates insurance special purpose vehicle (iSPV) ILS policy
The UK’s top regulator, the Prudential Regulatory Authority (PRA) of the Bank of England, has updated its policy related to,.. Read More
Liberty Mutual secures raised $150m target for new Mystic Re cat bond
Liberty Mutual, the US primary insurer and global reinsurer, has successfully secured the upsized target of $150 million of collateralized,.. Read More
