personal Insurance

State Farm sponsors $300m Merna Re II 2022-1 cat bond

US primary insurance giant State Farm has sponsored its first 144A catastrophe bond of 2022, with a $300 million ,.. Read More

Policy growth means more cat bonds & reinsurance for Florida Citizens

Florida’s Citizens Property Insurance Corporation added on average 32,000 new policies to its portfolios every month through 2021, with projections,.. Read More

Limited Water Damage Endorsement Will Not Limit the Liability for the Tear Out Costs | Merlin Law Group

Cast iron pipe systems are actively corroding across the country. Florida commercial and residential properties are even more susceptible to,.. Read More

R&Q to be sold to 777, as Gibson Re sidecar traction begins

R&Q, or Randall & Quilter, the non-life insurance and reinsurance legacy, run-off and program management specialist, is being sold  to,.. Read More

April renewals see modest property catastrophe rate rises: Gallagher Re

Property catastrophe treaty reinsurance rates saw modest, single digit increases, similar to those seen at the 1/1 renewals, as the,.. Read More

HSCM backs $150m credit facility for White Mountains' HG Global

HSCM Bermuda, the reinsurance and ILS related investment arm of investment manager Hudson Structured Capital Management Ltd., has participated in,.. Read More

Florida Citizens seeks higher rate increases at upcoming hearing

Florida’s Citizens Property Insurance Corporation is seeking perhaps the steepest rate increases it has implemented for some years at an,.. Read More

Nephila syndicate 2357 writes 27% more, delivers $55.5m profit in 2021

Nephila Capital, the largest dedicated investment manager in the insurance-linked securities (ILS), weather and catastrophe reinsurance space, has reported a,.. Read More

PGGM ILS portfolio at ~$8.2bn, as Aeolus, SCOR & Nightingale Re added

PGGM, the Dutch pension fund investment manager that continues to be the largest single investor in the insurance-linked securities (ILS),.. Read More

Being viewed as ESG positive is not enough for ILS: Prabis, Hiscox ILS

Interest in the relevance of insurance-linked securities (ILS) from an ESG standpoint continues to grow, but while there’s consensus that,.. Read More

Lighthouse the first to lose Demotech rating, as Ida losses weigh

Lighthouse Property Insurance Corporation has the unfortunate title of becoming the first coastal property insurance specialist to lose its rating,.. Read More