Cat bonds one of the most prominent innovations in sustainable finance: IMF
According to a staff climate paper published by the International Monetary Fund (IMF), catastrophe bonds are one of “the most,.. Read More
personal Insurance
Australia floods now second costliest cat event in its history at AU $5.134bn
The Australia flood event in February and March 2022 has now become the second costliest severe weather related catastrophe event,.. Read More
Swiss Re grows nat cat premiums 23%, shifts to higher attachments
Global reinsurance giant Swiss Re reported its first-half 2022 results this morning and revealed a continued strong appetite for growth,.. Read More
Florida's CFO backs reinsurance facility. But Floridians are the reinsurer of last resort
Florida Chief Financial Officer (CFO) Jimmy Patronis has responded to the Office of Insurance Regulation’s (OIR) announcement of a plan,.. Read More
RenRe buys less third-party retro, shares more risk with partners: CEO
RenaissanceRe is managing the volatile ceded reinsurance and retrocession market by leveraging its ability to cede more risk to its,.. Read More
Common boat insurance claims and how to avoid them.
Boating is all about a fun day on the water, but it isn’t always smooth sailing. In 2020, the ,.. Read More
Munich Re estimates $34bn of insured catastrophe losses for H1 2022
Global reinsurance firm Munich Re estimates that global insured losses from natural catastrophe events reached $34 billion in the first-half,.. Read More
Universal cites "Florida claims environment" in Q2 underwriting loss
Universal Insurance Holdings, the Florida headquartered primary insurance carrier, has cited the states challenging insurance claims environment as a key,.. Read More
Florida Is in the Reinsurance Market | Merlin Law Group
Florida’s Office of Insurance Regulation (OIR) gets an A+ for creativity in its effort to avoid a perfect storm insurance,.. Read More
California Wildfire Fund goes without reinsurance again in 2022
For now a third year in a row, the California Wildfire Fund is going without reinsurance or any form of,.. Read More
Senator Rubio calls for Florida Federal review of dependence on Demotech
U.S. Senator Marco Rubio (R-FL) has waded into Florida’s property insurance crisis, adding to calls for a Federal review of,.. Read More
Everest Re gets $85m of Q2 cat losses, reduces property cat at renewals
Global insurance and reinsurance firm Everest Re reported a 15.3% annualised return on equity (ROE) for the second-quarter, despite suffering,.. Read More
