UK ILS regime changes a priority for competitiveness & growth: PRA CEO Woods
With the consultation on reforms to the UK’s insurance special purpose vehicle (ISPV) regulatory regime underway, Sam Woods, the CEO,.. Read More
personal Insurance
Annual insured catastrophe loss new normal of $150bn approaching: Gallagher Re
According to reinsurance broker Gallagher Re, 2024 saw natural catastrophes and severe weather driving an estimated $154 billion of losses,.. Read More
Catastrophe bond prices move again on LA wildfires, ~$200m write-down so far
On Friday some catastrophe bonds saw further negative secondary market price movements due to potential exposure to aggregate attachment erosion,,.. Read More
Swiss Re's target for Matterhorn Re 2025-1 cat bond lifted to as much as $225m
Swiss Re is now targeting as much as $225 million in North American earthquake and named storm retrocessional reinsurance protection,.. Read More
Mercury says TBC whether LA wildfire losses one event or two under its reinsurance
Mercury General Corporation, one insurance company with meaningful exposure to claims from the Los Angeles, California wildfires, has said today,.. Read More
History of The Valued Policy LawsInsurers Threatening to and Leaving Markets is Nothing New | Property Insurance Coverage Law Blog
January 20, 2025 As a follow-up to yesterday’s post, California is Not a Valued Policy Law State—California Has a Valued,.. Read More
Brookmont Cat Bond ETF definitive prospectus filed. NYSE ticker to be ILS
A definitive prospectus has now been filed with the SEC for the Brookmont Catastrophic Bond ETF, a new exchange traded,.. Read More
Cat bond index falls -0.27% on wildfires, market implies roughly $30bn industry event: Plenum
Analysis by catastrophe bond fund manager Plenum Investments suggests that the cat bond market is implying a roughly $30 billion,.. Read More
LA wildfires: 17,027 structures damaged or destroyed. Insured loss estimates avg $32.5bn
According to the latest official data from California fire authorities, the wildfires in the Los Angeles region have damaged or,.. Read More
SageSure seeks $410m first/second event Gateway Re 2025-1 cat bond, largest yet
A new catastrophe bond is being marketed to source broad, first and second event US named storm reinsurance protection for,.. Read More
LA wildfires: Moody's RMS estimates insured losses to-date of $20bn to $30bn
Moody’s RMS Event Response has estimated that private market and FAIR Plan insured losses to-date from the Los Angeles, California,.. Read More
Best of Artemis, week ending January 19th 2025
Here are the ten most popular news articles, week ending January 19th 2025, covering catastrophe bonds, ILS, reinsurance capital and,.. Read More
