personal Insurance

RenRe raised $495m of third-party capital for 1/1, fee income doubled in 2023

RenaissanceRe, the Bermuda based reinsurance and third-party capital management specialist, has successfully added almost $495 million in new third-party capital,.. Read More

Reinsurance costs drive 42% NC homeowners rate increase filing: Assured Research

The rising cost of reinsurance is identified as the key driver of a recent North Carolina homeowners insurance rate filing,.. Read More

First cyber cat bonds a watershed moment: Moody's RMS video interview

The successful issuance of the first full cyber catastrophe bonds in late 2023 was a watershed moment and the role,.. Read More

GeoVera gets 75% upsized $175m Veraison Re cat bond with 10% price drop

GeoVera Insurance Holdings, Ltd., an earthquake-focused residential property insurer, has now secured a 75% upsized $175 million in US earthquake,.. Read More

Fidelis seeks $150m of retro with Herbie Re 2024-1 industry-loss cat bond

Specialty insurance and reinsurance company Fidelis Insurance is back in the catastrophe bond market, seeking $150 million or more in,.. Read More

Jireh Connect facilitates first industry loss warranty (ILW) placement

Jireh Connect, a technology platform that targets helping brokers place risk more efficiently with reinsurance and risk capital providers and,.. Read More

Vesttoo calls for US bankruptcy case to be dismissed

Insurtech Vesttoo, the company at the heart of a scandal over fraudulent reinsurance letters of credit (LOC), has called for,.. Read More

Catastrophe bond market yield stabilising at around 12%: Plenum

Having peaked with a market yield of around 16% back in January 2023, the catastrophe bond market has moderated, but,.. Read More

Phoenix hires Julia Henderson, finances non-cat P&C reinsurer Gryphon

Phoenix Merchant Partners, LP, a middle-market focused investment firm, has announced the closing of its debut transaction, that finances a,.. Read More

Securing access to capital a key differentiator for 2024: Howden

While almost every market observer and industry analyst are expecting reinsurance capital levels to increase in 2024, broker Howden has,.. Read More

Strategic Risk Solutions (SRS) to acquire Robus Group from Ardonagh

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has announced that it,.. Read More

$100bn the new catastrophe loss norm. SCS shows it's time to reassess thresholds: WTW

Global insured losses from natural catastrophe events surpassed $100 billion for the fourth year in a row in 2023, leading,.. Read More