Vesttoo expands to Japan, hires Iinuma as GM to lead push
Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the,.. Read More
personal Insurance
Demotech downgrades UPC, withdraws FedNat & Weston ratings, affirms others
The awaited changes to ratings of property insurance carriers with a Florida and coastal market focus by rating agency Demotech,.. Read More
Raincoat raises $4.5m for parametric climate disaster insurance build-out
Raincoat, an insurtech that develops scalable embedded climate insurance products with parametric triggers, has raised a $4.5 million seed round,.. Read More
Bermudas re/insurance & ILS sector grows focus on ESG: Ocorian
With environmental, social and governance principles (ESG) growing in relevance in Bermuda, Sherman Taylor, Ocorian’s Head of Capital Markets in,.. Read More
No risk to Citizens' reinsurance from Florida OIR temporary arrangement
The temporary reinsurance arrangement for downgrade-challenged carriers announced last week by Florida’s Office of Insurance Regulation (OIR) will not put,.. Read More
Forum Selection Clauses in Excess Policies | Merlin Law Group
Forum selection clauses that designate where lawsuits must be brought are becoming much more common in surplus lines carriers. These,.. Read More
Brit delivers more income to third-party capital as premiums rise
Specialty insurance and reinsurance player Brit Ltd. reported delivering more income to its third-party capital partners and investors in its,.. Read More
US commercial property rates may accelerate on reinsurance & capacity: Marsh
Rates for commercial property insurance in the United States may begin to accelerate again in future quarters, as carriers absorb,.. Read More
CCRIF parametric risk pool grows 10% to US $1.2bn at renewal
The CCRIF SPC (formerly known as the Caribbean Catastrophic Risk Insurance Facility) has expanded its risk pool by 10% year-on-year,,.. Read More
California's Oak & McKinney fires destroy nearly 300 structures
Wildfire season in California has continued to escalate with more structures burned and reports of extreme fire behaviour in high,.. Read More
Best of Artemis, week ending July 31st 2022
Here are the ten most popular news articles, week ending July 31st 2022, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More
Calculating Actual Cash Value and Depreciation in California | Merlin Law Group
Stemming from the McCarran-Ferguson Act of 1945, insurance is regulated by the states. Knowing variations of the law and regulations,.. Read More
