personal Insurance

Inigo lifts Montoya Re 2022-2 cat bond target to $110m, as price moves to top-end

Inigo, the London headquartered specialty insurance and reinsurance underwriter with a Lloyd’s syndicate, has lifted the target size for its,.. Read More

Arbol pays $10m as Centauri's parametric reinsurance triggered by Ian

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has paid out $10 million,.. Read More

CEA unable to fully renew reinsurance in October, foresees 1/1 challenges

The California Earthquake Authority (CEA) was unable to fully renew all of its expiring reinsurance at October 1st resulting in,.. Read More

Retrocession quoting scarce, with 60% - 100% rate increases demanded

While almost the entirety of the January 1 2023 reinsurance renewals are running late so far and quotes are seen,.. Read More

Reduced reinsurance appetite to compound Florida challenges

The Florida property insurance market could face an even more challenging year ahead in 2023, as reinsurance capital loses its,.. Read More

Major Florida property insurers paid out excessive executive compensation packages, dividends for years | Merlin Law Group

Note: This guest post was prepared by Kevin Connor for the American Policyholder Association. For years, property insurance companies in Florida,.. Read More

One Week Before Floridas Special Insurance SessionWhat is Going To Happen? | Merlin Law Group

Florida’s legislature has been called back for a special session starting December 12 regarding the most current insurance crisis. Attorneys,,.. Read More

Oxbridge Res sidecar may have been dented by hurricane Ian

It appears that investors in the collateralized reinsurance sidecar vehicle of Oxbridge Re Ltd., the Cayman Islands based reinsurance firm,,.. Read More

Cat bond fund recovery dented by spread widening price adjustments

Catastrophe bond funds, as measured by the , lost ground for the first week since mid-October as the effects of,.. Read More

KCC launches climate conditioned catalogs for hurricanes, floods, and wildfires

Catastrophe risk modelling specialist Karen Clark & Company (KCC) has announced the launch of complete stochastic climate-conditioned catalogs for the,.. Read More

Reinsurance costs & capacity fuel negative 2023 outlook for P&C insurers: Moody's

Moody’s has turned negative on the prospects of global property and casualty (P&C) insurers, with one of the main drivers,.. Read More

Lloyd's hires former Arcus 1856 MD Gfeller for portfolio analytics

London headquartered insurance and reinsurance marketplace Lloyd’s has hired Adrian Gfeller, the former Managing Director of ILS fund backed syndicate,.. Read More