personal Insurance

United (UPC) completes Florida consolidation, reveals $21m of Q2 cat losses

Property and casualty (P&C) insurer United Insurance Holdings Corp. (UPC Insurance) has now completed its plan to rationalise and consolidate,.. Read More

AXIS' property reinsurance pull-back underway, third-party capital fees decline

The pull-back from property reinsurance at Bermuda headquartered insurance and reinsurance firm AXIS Capital appears evident in its latest results,,.. Read More

Lancashire expands, adds Gressier as NED, third-party capital contribution dips

Specialty insurance and reinsurance group Lancashire Holdings continued to grow into the firming marketplace during the first-half of 2022 and,.. Read More

Chubb's ABR Re raises $210m, adding new investment manager

ABR Reinsurance Capital Holdings Ltd., the parent to Chubb’s strategically important total-return and third-party capitalised reinsurance joint-venture ABR Re, has,.. Read More

Bailout NationShould The Federal Government Step In To Provide Insurance For Disaster Prone Areas? | Merlin Law Group

A recent Duke Law Journal article argued that the current property insurance marketplace cannot properly insure disaster-prone areas, and the,.. Read More

Cat models don't properly reflect climate change: RenRe CEO O'Donnell

In comments made this afternoon during the second-quarter earnings call of Bermuda based reinsurance and third-party capital management specialist RenaissanceRe,,.. Read More

FedNat names Patterson CEO, as Braun departs company

FedNat Holding Company has announced a new Chief Executive Officer, as Board member David Patterson takes on the role on,.. Read More

Insurance bonds among best paying for yields, with significant upside: Twelve

Insurance bonds should not be ignored as a defensive investment opportunity with both yield and upside potential, according to Twelve,.. Read More

Damage from Californias Oak fire increases, but fire crews making progress

The Oak Fire burning in California’s Mariposa County has continued to expand in size, but while the damage has increased,.. Read More

SCOR hires Benjamin Jacquet from Credit Suisse for ILS structuring role

France-headquartered global reinsurance firm SCOR is set to add more insurance-linked securities (ILS) expertise to its ranks, with the hiring,.. Read More

Demotech says Florida insurer ratings to take longer, defends its process

Rating agency Demotech has now extended the rating revision process for covered Florida property insurance carriers, which had been expected,.. Read More

RenRe raised $568m in Q2, but performance fees hit by prior year losses

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, added almost $568 million of additional capital to its range,.. Read More