CCRIF launches parametric insurance product for water utilities
The CCRIF SPC (formerly known as the Caribbean Catastrophic Risk Insurance Facility), has announced the launch of its sixth parametric,.. Read More
personal Insurance
Court approves Vesttoo to seize $30m from fraud accused co-founders & execs
According to a report in the Israeli media, the Tel Aviv District Court has approved Vesttoo to seize approximately $30,.. Read More
Florida building code gains dwarfed by exposure growth: Swiss Re
Analysis from global reinsurance firm Swiss Re reveals that, while building code improvements in Florida have dramatically reduced the potential,.. Read More
Reinsurance consolidation more likely than Class of 2023/2024: AM Best
“We do not expect a new class of global reinsurers to emerge anytime soon,” rating agency AM Best has said,.. Read More
Johansmeyer's index expertise gives Inver Re an ILW edge: Bonard, Ardonagh Bermuda
In the wake of Tom Johansmeyer, the former Head of Verisk unit PCS, joining the Ardonagh Group reinsurance broking division,.. Read More
Capital markets needed to close protection gaps: Swiss Re CEO Mumenthaler
If the insurance and reinsurance industry is to truly narrow and ultimately close protection gaps, the upsurge in demand for,.. Read More
Vesttoo case update: Order again enforces automatic stay, with no discovery
As the Chapter 11 bankruptcy case involving insurtech Vesttoo rolls on, the court has filed a now fourth interim order,.. Read More
Munich Re weather division hires Arbol's Coleman for agriculture origination
Munich Re Trading, the division of the global reinsurance firm focused on providing weather and commodity solutions, including derivatives, index,.. Read More
ARC parametric triggers integrated with World Bank social protection in Malawi
The African Risk Capacity (ARC) has designed a parametric risk transfer solution that will be integrated with a World Bank,.. Read More
Vesttoo notes some creditors question independence of its internal investigation
In a statement released by the beleaguered insurtech, Vesttoo notes that some of the creditors to its bankruptcy are questioning,.. Read More
Descartes Underwriting hires Ola Jacob for UK & Ireland biz dev role
Parametric insurance and data-driven risk transfer specialist managing general agency (MGA) Descartes Underwriting has announced the hiring of Ola Jacob,.. Read More
AM Best turns negative on US homeowners insurance
Rating agency AM Best has cited higher reinsurance costs, higher reinsurance retention levels, elevated natural catastrophe and secondary peril costs,,.. Read More
