personal Insurance

CEA lifts Ursa Re 2025-1 cat bond target to as much as $375m

The California Earthquake Authority (CEA) has increased the targeted amount of multi-year collateralized California earthquake reinsurance protection it seeks from,.. Read More

SageSure lifts Gateway Re 2025-1 cat bond target to $470m - $555m

Coastal property managing general underwriter SageSure has raised the target size for its new catastrophe bond issuance, with now,.. Read More

Kin targets its largest Florida wind cat bond yet, $200m Hestia Re 2025-1

Direct-to-consumer insurtech company Kin Insurance is back in the catastrophe bond market to sponsor its third issuance, seeking $200 million,.. Read More

State Farm Financial Stability | Property Insurance Coverage Law Blog

State Farm’s financial stability is raising concerns. With subsidiaries reporting major losses is the insurance giant as stable as it,.. Read More

Hannover Re's LA wildfire loss expected to surpass Q1 large loss budget: CEO Henchoz

Hannover Re’s Chief Executive Officer (CEO), Jean-Jacques Henchoz, has said that an industry loss ranging between $30 billion and $40,.. Read More

Allstate expects $1.1bn, pre-tax, net of reinsurance loss from CA wildfires

US insurer Allstate expects its losses from the recent Los Angeles, California wildfires will be around $1.1 billion, pre-tax and,.. Read More

Hannover Re lifts retrocession cover to 1.2bn for 2025 as K-Cessions sidecar shrinks again

Global reinsurer Hannover Re increased its natural catastrophe retrocession protections at the January 1st, 2025, reinsurance renewals by EUR 100,.. Read More

Markel reports higher Nephila ILS revenues, 55% increase in ILS premium fronted

Markel Group has reported an increase in insurance-linked securities (ILS) revenues for 2024 from the managed ILS funds of its,.. Read More

Homeowners Insurance and Trust Ownership | Property Insurance Coverage Law Blog

Homeowners insurance and trust ownership must align to avoid claim denials. Learn how to ensure proper coverage.,.. Read More

Trust or Family Trust Owns Your Home? Beware of Insurance Complications to Avoid Insurance Claim Denials | Property Insurance Coverage Law Blog

February 5, 2025 A recent viral social media post following the California wildfires has brought to light a critical issue:,.. Read More

USAA estimates $1.8bn of losses from LA wildfires

Insurer USAA revealed today that it has received more than 3,500 claims related to the California wildfires, with 86% of,.. Read More