Are property cat rates a headwind for non-cat ILS growth?
With property catastrophe reinsurance rates and pricing having soared in recent months, rating agency AM Best sees this as a,.. Read More
personal Insurance
Slide CEO pleased to have completed second cat bond at reduced pricing
The Chief Executive Officer (CEO) of full-stack homeowners property insurtech, Slide Insurance Company, is pleased that the company was able to,.. Read More
WTW structures 4-peril parametric insurance for Sri Lankan shrimp farms
Broking group and consultancy WTW has designed an innovative parametric insurance solution that covers the four perils of earthquake, typhoon,,.. Read More
Majority expect over $15bn of property cat bond issuance in 2023
After a very busy first-half for the catastrophe bond market saw , the Artemis community is forecasting the market will,.. Read More
Canopius names AXA XL's Charles Cooper as Global Head of Reinsurance & Bermuda CEO
Charles Cooper, the former Chief Executive Officer (CEO) of Reinsurance in Bermuda at AXA XL, has been announced as the,.. Read More
Farmers pulls back from Florida as it looks to manage risk exposure
Farmers Insurance has announced a pull-back from Florida, with the carrier set to stop writing new Farmers-branded auto, home, and,.. Read More
Cat bond growth "not incompatible" with prolonged hard reinsurance market: BofA
The BofA Securities analyst team say they are increasingly constructive on the reinsurance sector, one reason being that alternative capital,.. Read More
Nephila writes $756m of Florida Citizens renewal, Berkshire takes $1bn
Insurance-linked securities (ILS) investment management specialist Nephila Capital has written just over $756 million of the $2.98 billion reinsurance placement,.. Read More
Cyber ILS deals an opportunity to "lessen tail risk" for expanding product line: Fitch
The issuance of , and Hannover Re’s $100 million, Stone Ridge Asset Management-backed retrocession cyber quota share arrangement, “represent the potential,.. Read More
California's capacity issues continue with Farmers the latest to ease-back
Farmers Insurance has become the latest major US insurance carrier to announce it is easing-back somewhat from writing property business,.. Read More
Almost nowhere in US safe from severe weather in 2023 as losses surpass $26bn: BMS
Insurance industry losses from severe weather in the United States are estimated to have surpassed $26 billion year-to-date by broker,.. Read More
AXA reportedly looking to offload reinsurance arm
Reuters has reported that AXA is looking to sell its reinsurance arm under AXA XL, as it looks to reduce,.. Read More
