Does Fuchsia Re SPI herald a first catastrophe bond for Beazley?
A new special purpose insurer (SPI) has been registered in Bermuda named Fuchsia Re Ltd. and Artemis’ sources suggest the,.. Read More
personal Insurance
Aon puts Japan quake costs in the billions, likens it to $2bn+ industry loss
Impact Forecasting, the catastrophe risk modelling focused arm of insurance and reinsurance broker Aon, has put the economic impact from,.. Read More
NCIUA to close Cape Lookout Re 2022 cat bond at $330m in size
The North Carolina Insurance Underwriting Association (NCIUA) just missed the revised upper-end target for its new catastrophe bond issuance,,.. Read More
Palomar renews $25m aggregate reinsurance treaty
Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products on its own balance-sheet and also,.. Read More
Do Some Insurance Companies Cheat Policyholders to Make More Profit or to Stay in Business? Where Does FedNat Stand? | Merlin Law Group
Some insurance companies do not timely or fully pay claims because they are running out of cash. Others do not,.. Read More
Heritage seeks $100m Citrus Re cat bond for NE US wind reinsurance
Heritage Insurance Holdings, Inc., the Florida headquartered but nationally expansive property and casualty insurer, has returned to the catastrophe bond,.. Read More
BMS hires Ferris & Harding for capital solutions expansion
Insurance and reinsurance brokerage BMS has announced an expansion of its capital solutions capability, with two key hires announced as,.. Read More
Youi says aggregate reinsurance to cover floods, as industry loss hits $2.22bn
Youi is the latest insurer in Australia to reveal that its aggregate reinsurance protection will cover its losses from the,.. Read More
Q1 large losses rise on Japan quake, but no cat bond defaults expected
Yesterday’s significant earthquake in Japan is likely to increase an already relatively heavy first-quarter of catastrophe and other large losses,.. Read More
CATCo buy-out gets US court approval, Belisle lawsuits to be dismissed
The proposed buy-out schemes for the Markel CATCo retrocessional reinsurance investment funds have now received formal support from the US,.. Read More
Demex launches Appraisals as pathway to parametric climate hedging
The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global,.. Read More
