personal Insurance

'Significant event' declared as Sydney, Australia floods worsen

The Insurance Council of Australia (ICA) has now declared a ‘significant event’ for the developing severe flooding in Sydney and,.. Read More

Fontana casualty-specialty vehicle hard to replicate: RenRe CEO O'Donnell

RenaissanceRe believes the work it has put into building out its casualty and specialty reinsurance lines, as well as its,.. Read More

ILS market recovered its poise at 7/1: Vickers, Gallagher Re

After experiencing some “difficulties” throughout the earlier parts of the year, the ILS and alternative capital market largely “recovered its,.. Read More

GC / MMCs Isosceles ILS platform in $90.5m private cat bond issuance

Isosceles Insurance Ltd., the Bermuda-domiciled private insurance-linked securities (ILS) and catastrophe bond platform operated by Marsh McLennan and reinsurance broker,.. Read More

Scottsdale Insurance Company Bad Faith | Merlin Law Group

Happy Independence Day! The owners and attorneys of Eaux Holdings were celebrating an early 4th of July on Friday when they,.. Read More

UBS expands pension longevity swap to

The UBS (UK) Pension and Life Assurance Scheme has added another £500 million to an in-force longevity swap arrangement, expanding,.. Read More

Catastrophe bond market hits new record size of $38.2bn

The global market for catastrophe bonds expanded by almost 2% during the second-quarter of 2022, as demand from sponsors drove,.. Read More

Suncorp adjusts reinsurance in hard market, agg attachment rises

Australian primary insurance giant Suncorp said this morning that it has made adjustments to its reinsurance tower at the July,.. Read More

Howden hires O'Connor to launch capital advisory unit, HowdenCAP

Howden, the international insurance and reinsurance broker, has announced the launch of a new capital advisory business named HowdenCAP, as,.. Read More

European windstorms top international catastrophe loss of 2022 so far

The catastrophe industry loss from the three major European windstorms that struck close together during the month of February 2022,.. Read More

Flooding returns to eastern Australia, with Sydney affected

Parts of eastern Australia are flooding again after an East coast low brought torrential rains and strong winds, with parts,.. Read More

Appraisal of Supplemental Claims Are Supplemental Claims Part of The Loss? | Merlin Law Group

When I first started in this business in the early 1980s, there was no such thing as a “supplemental” claim.,.. Read More