personal Insurance

Court Holds State Farm Not Required to Pay for Repairs to Bring Exterior Masonry Up to Code Following Loss | Merlin Law Group

Shortly before Thanksgiving, the Minnesota Supreme Court issued an opinion in St. Matthews Church of God & Christ v. State,.. Read More

Allstate settles for $100m Sanders 2022-3 cat bond at 10x multiple

US primary insurance carrier Allstate has now settled for $100 million of catastrophe reinsurance protection from its latest cat bond,,.. Read More

Power shifts to property reinsurance & retro sellers

The balance-of-power in the global reinsurance and retrocession market is shifting towards sellers of protection, over buyers, with rate hardening,.. Read More

ILS fund index gains 0.97% in Oct. Some funds rebound after Ian

Insurance-linked securities (ILS) and catastrophe bond funds gained 0.97% in the month of October 2022, as some ILS funds rebounded,.. Read More

Does The Appraisal Process Follow the Arbitration Code in Connecticut? | Merlin Law Group

The post, Can Appraisal Turn Into A Kangaroo Court, noted that a number of Connecticut courts describe appraisal as arbitration.,.. Read More

Everest Re cedes fewer premiums to Mt. Logan Re, but also fewer losses despite Ian

Global insurance and reinsurance company Everest Re ceded less in the way of premiums written to its Mt. Logan Re,.. Read More

Program manager K2 Insurance to be sold to investor Warburg Pincus

Independent specialty insurance program manager K2 Insurance Services, the parent and service provider to MGA’s K2 CAT and K2 Parametric,,.. Read More

AmFam targets $100m+ Four Lakes Re 2022 multi-peril cat bond

American Family Mutual Insurance Company, or AmFam as it is abbreviated, has returned to the catastrophe bond market for the,.. Read More

Reask adds Munich Re's David Schmid as Head of Parametric Products

Reask, a provider of catastrophe modelling, climate analytics and data that leverages machine learning techniques and artificial intelligence, has hired,.. Read More

Insured catastrophe losses hit $115bn year-to-date in 2022: Swiss Re

According to reinsurance firm Swiss Re, global insured natural catastrophe losses have reached $115 billion in 2022, year-to-date, with hurricane,.. Read More

Securis launches fourth vintage of life ILS funds with almost $300m of capital

Securis Investment Partners has launched the fourth vintage of its long-standing life insurance-linked securities (ILS) funds, with close to $300,.. Read More

Munich Re reiterates hurricane Ian industry loss estimate at $60bn (ex-NFIP)

Global reinsurance giant Munich Re still believes that hurricane Ian is set to drive roughly $100 billion in economic losses,,.. Read More