personal Insurance

BMS seen as more likely seeking capital to fund growth than a sale

According to a report yesterday from Bloomberg, the main investor backers of insurance and reinsurance broking group BMS are considering,.. Read More

Can Appraisal Turn Into A Kangaroo Court? | Merlin Law Group

Property insurance policies rarely have language describing the process of an appraisal to resolve controversies. I have often said this,.. Read More

Does Homeowners Insurance Cover Driveway Damage? - Jack Stone Insurance Agency

A crack, no matter how small, in the driveway can be a problem for homeowners. A homeowners policy might cover,.. Read More

ESG ratings a driver of higher underwriting performance: Howden & Fidelis study

According to international broking group Howden and specialty insurance and reinsurance firm Fidelis, writing business for higher ESG rated counterparties,.. Read More

Higher-risk ILS strategies average ~17% loss from hurricane Ian: Frontier Advisors

Higher-risk focused insurance-linked securities (ILS) fund strategies appear to be averaging losses around the 17% mark after hurricane Ian, according,.. Read More

Climate variability to drive hurricane risk, demand for ILS capital: Twelve Capital & Reask

Climate variability is expected to drive US hurricane landfall risk premia higher, resulting in an increasing demand for insurance-linked securities,.. Read More

Three years of Australian storms & floods cost re/insurers $12.3bn

Since January 2020, storms and floods impacting Australia have driven more than three-quarters of a million claims and an enormous,.. Read More

Impact of new entrants & new capital to be limited at 1/1 renewals: AM Best

Rating agency AM Best has maintained a Stable outlook for the global reinsurance sector, while warning that investor appetite to,.. Read More

SCOR & Zurich in

Global reinsurer SCOR and insurer Zurich have both participated in the completion of a £1.7 billion longevity swap and reinsurance,.. Read More

Aeolus seen well-positioned, as product restructure softens Ian impact

According to market sources, Aeolus Capital Management is expected to be able to provide a significant degree of continuity to,.. Read More

NFIP payments for hurricane Ian hit $793m, claims inflow slows

According to the latest data published by the U.S. Federal Emergency Management Agency (FEMA), insured claims paid by its National,.. Read More

NFIP payments for hurricane Ian only $793m so far, as claims inflow slows

According to the latest data from the U.S. Federal Emergency Management Agency (FEMA), insured claims paid by its National Flood,.. Read More