Selective says no reinsurance response to elevated Q2 storm losses
One of the trends coming out of the second-quarter is the elevated level of convective storm and severe weather losses,.. Read More
personal Insurance
The Hanover renews reinsurance at expiring terms, but catastrophe losses weigh
The Hanover Insurance Group is the latest to reveal a heavy catastrophe loss burden from recent convective storms and severe,.. Read More
SageSure hails use of PCS county-level reporting for new catastrophe bond
SageSure, the specialist independent managing general underwriters of property catastrophe exposed insurance, has hailed its use of the Property Claim,.. Read More
Plenum appoints sustainable investments specialist Rickert to board
Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has announced the appointment of Dr.,.. Read More
Hurricane Ian ILS fund side pockets & trapped capital resolution continues
According to our sources, insurance-linked securities (ILS) fund managers are having continued success at closing down certain exposures to last,.. Read More
Clear Blue: No material rating impact from Vesttoo issue. Reinsurance may be required
Program fronting specialist Clear Blue Insurance Group has stated that while it does not expect a material impact to its,.. Read More
Best of Artemis, week ending July 23rd 2023
Here are the ten most popular news articles, week ending July 23rd 2023, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More
Vesttoo: Multiple LOCs from one bank in focus. Failure of security controls or KYC?
According to Artemis’ sources, the audit at under fire insurtech Vesttoo continues, but the effort to uncover what exactly has,.. Read More
ILS and retrocession were growth areas for Guy Carpenter in Q2: CEO Klisura
For reinsurance broker Guy Carpenter two areas of specific growth during the second-quarter of 2023 were the insurance-linked securities (ILS),.. Read More
Arbol passes $1bn of parametric risk transferred, targets international expansion
Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has reported now surpassing $1,.. Read More
Natural disaster insured losses of $53bn in H1 were 46% above average: Aon
Natural disaster losses covered by the insurance and reinsurance industry reached an estimated $53 billion, according to broker Aon, which,.. Read More
MS Transverse: Any exposure to Vesttoo LOC collateral issues "immaterial"
Hybrid fronting specialist MS Transverse has stated that Vesttoo only participates directly on one program with MS Transverse and that,.. Read More
