personal Insurance

Danish Red Cross cat bond not triggered by eruption of Guatemala's Fuego volcano

The eruption of the Fuego volcano in Guatemala on Sunday has not resulted in a triggering of the Danish Red,.. Read More

FEMA updates NFIP hurricane Ian loss estimate. Cat bonds look a little safer

The U.S. Federal Emergency Management Agency (FEMA) has adjusted its estimate of flood insurance claims losses for the National Flood,.. Read More

Descartes launches full-stack parametric insurer, Descartes Insurance

Descartes Underwriting, an insurance technology (insurtech) focused managing general agency (MGA) that specialises in parametric and data-driven risk transfer products,,.. Read More

ZEP Re & Planet Labs team on satellite data for parametric drought cover

Kenyan reinsurance company ZEP-RE is partnering with Planet Labs, a satellite imagery and data provider, to develop enhanced indices that,.. Read More

How Florida Insurance Executives Siphon Off Millions and Leave Their Companies Bankrupt | Merlin Law Group

Insurance companies are heavily regulated to guard against financial ruin, leaving policyholders without the promised financial safety net. Historically, many,.. Read More

Amundi US to launch Pioneer CAT Bond mutual fund

Amundi Asset Management US, Inc. (Amundi US) is in the process of marketing and launching its first pure catastrophe bond,.. Read More

FedNat files for bankruptcy protection under Chapter 11

FedNat Holding Company, the regional insurance holding company of the Florida-focused carrier group, has now filed for bankruptcy protection alongside,.. Read More

Lower-risk UCITS cat bond funds perform best in week to Dec 2nd

In the last week of available data, it was lower-risk cohort of UCITS catastrophe bond funds, as measured by the,.. Read More

Florida carrier surplus declines 23.5%, combined ratio hits 147.5% at end of Q3

Florida’s personal property carriers are having another very difficult year, with policyholders surplus being down by 23.5% across the group,.. Read More

Swiss Re estimates reinsurance capital has shrunk 30% in 2022

The Swiss Re Institute has estimated that traditional reinsurance capital has declined by 30% over the course of the first,.. Read More

Florida bills propose more state-backed reinsurance, no one-way attorney fees, no AOB

Florida’s lawmakers meet this week in a Special Session of the legislature that will have a significant focus on passing,.. Read More

Best of Artemis, week ending December 11th 2022

Here are the ten most popular news articles, week ending December 11th 2022, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More