Nicole to become tropical as it expands. Florida on hurricane watch
Subtropical storm Nicole is now expected to become tropical storm Nicole, still expanding on approach to Florida’s east coast, while,.. Read More
personal Insurance
COP27: World Bank to launch Global Shield Financing Facility (GS-FF)
At the COP27 climate change conference in the coming days, the World Bank is set to announce the launch of,.. Read More
Rising probability of storms like Ian must be reflected in pricing: Munich Re CFO
As the global reinsurance giant’s results were announced this morning, Christoph Jurecka, CFO of Munich Re, explained that the company,.. Read More
RICO and Class Action Lawsuits Are Difficult To WinThe Florida Restoration Contractor RICO Lawsuit Is Dismissed | Merlin Law Group
The recent Champlain Towers class action lawsuit is a case that our law firm participated in that resulted in over,.. Read More
PGGM to reduce ILS investments as target allocation exceeded
Netherlands-based pension investor PGGM is set to reduce the overall size of its insurance-linked securities (ILS) market investments, as the,.. Read More
AXIS hires Aeolus' Hunter as Head of Investor Relations
AXIS Capital, the Bermuda headquartered specialty insurance and reinsurance company, has announced the hiring of Miranda Hunter as its new,.. Read More
Cat bond spread levels double since the start of 2022: Tenax
Spread levels in the catastrophe bond market may have doubled since the beginning of 2022, as the market reprices return,.. Read More
UCITS cat bond fund Index recovers more ground after Ian
As anticipated, catastrophe bond funds, as measured by the , have recovered some more ground that had been lost due,.. Read More
Swiss Re calls for different approach on cyber, cites need for cyber ILS
Global reinsurance giant Swiss Re has said this morning that the industry needs to adopt a different approach to cyber,.. Read More
Storm Nicole targets Florida east coast, near hurricane force winds possible
The National Hurricane Center (NHC) warns of a “prolonged period of hazardous weather” for much of Florida state as subtropical,.. Read More
Hurricane Ian knocks ILS fund index by -5.54% in September
Insurance-linked securities (ILS) and catastrophe bond funds fell -5.54% on the impacts and anticipated losses from hurricane Ian, according to,.. Read More
Berkshire Hathaway delivers P&C reinsurance profit despite massive Ian loss
Warren Buffett’s conglomerate and re/insurance company Berkshire Hathaway has reported a huge $3.4 billion of pre-tax losses from hurricane Ian,,.. Read More
