Cat bond fund index falls again, now -6.04% down on avg since Ian
Catastrophe bond funds, as measured by the have fallen further in the wake of hurricane Ian at the last,.. Read More
personal Insurance
Reinsurers were capital challenged even before hurricane Ian, Aon data shows
Even before hurricane Ian slammed into Florida, a cohort of reinsurance companies tracked by broker Aon were capital challenged this,.. Read More
K2 raising capital for new cat fund
K2 International, the London-based specialist MGA, is out raising capital for additional reinsurance and possibly US retrocession & ILW underwriting,.. Read More
Swiss Re puts initial hurricane Ian loss estimate at $1.3bn net of retro
Global reinsurance company Swiss Re has announced its initial loss estimate after major hurricane Ian, pegging it at $1.3 billion,,.. Read More
Without proper compensation, ILS investors will look elsewhere: Fitch
If they aren’t properly compensated for taking catastrophe losses, investors in catastrophe bonds and other insurance-linked securities (ILS) are likely,.. Read More
Florida reinsurance to be limited. Cost to rise above expectations: Citizens CEO
Reinsurance capacity for lower-layers of Florida focused towers is expected to become very limited in 2023, while renewal rates are,.. Read More
Aon hires Marc Brogli as MD, Insurance Linked Securities in Dublin
Aon has hired former Lombard Odier and Credit Suisse ILS specialist Marc Brogli as a Managing Director, Insurance Linked Securities,.. Read More
IAG and Suncorp slash COVID reserves after Australia BI test case ruling
Two of Australia’s largest insurers have both slashed their reserve provisions for business interruption claims from the COVID-19 pandemic after,.. Read More
Cat bond & ILS prices imply "very hard market" after Ian: Lane Financial
Analysis of catastrophe bond and insurance-linked securities (ILS) market pricing in the wake of hurricane Ian implies a significant hard,.. Read More
Post-hurricane Ian ILS market seen as "entry opportunity" by VP Bank
Even with the losses from hurricane Ian hanging over the insurance-linked securities (ILS) market, Liechtenstein-based private bank VP Bank AG,.. Read More
Florida Citizens drops Ian claim-count. Sees lower than expected numbers
Florida’s property insurer of last resort Citizens Property Insurance Corporation said Friday that it is now estimating a hurricane Ian,.. Read More
Cat capacity crunching, but Ian still within risk appetites: Peel Hunt
A capacity crunch in property catastrophe reinsurance is becoming “ever more likely” according to analysts at Peel Hunt, but importantly,.. Read More
