Insurance claims begin to pour in from Australian floods
Already some 4,360 insurance claims have been filed in relation to the latest outbreak of severe flooding in Australia, according,.. Read More
personal Insurance
CEA adds TigerRisk to trio of brokers. One to be assigned ILS markets
The California Earthquake Authority (CEA) has increased the number of reinsurance brokers it will use in future, adding TigerRisk Partners,.. Read More
IAG renews aggregate catastrophe reinsurance at higher attachment
Australian primary insurance giant Insurance Australia Group (IAG) has renewed its aggregate catastrophe reinsurance protection at a higher attachment point,.. Read More
How car insurance works in South Africa | King Price Insurance
We’re so car crazy that sometimes we forget that not everyone knows how car insurance works in South Africa. But,.. Read More
Failure to Provide an Examination Under Oath and Documents Can Result in Lost Benefits | Merlin Law Group
Examinations under oath are important to recovery. Reasonable production of relevant documents that are part of a cooperative investigation is,.. Read More
CEA's risk transfer shrinks slightly, as cat bond cover declines
The California Earthquake Authority’s (CEA) reinsurance and catastrophe bond based risk transfer program has shrunk back to just slightly under,.. Read More
Some ILS funds see redemptions, driving cat bond selling pressure
There is some redemption activity going on in the insurance-linked securities (ILS) fund market, according to our sources, which is,.. Read More
Cat bond spread widening drives ILS fund underperformance in May
The widening of spreads in the catastrophe bond market drove underperformance across much of the insurance-linked securities (ILS) market in,.. Read More
WTW expands parametric Mesoamerican reef cover, adds Munich Re capacity
Broking group WTW, working with the Mesoamerican Reef Fund and InsuResilience Solutions Fund, has announced a renewal and expansion of,.. Read More
Munich Re sees 24 month hard market, lowers proportional exposure: GS
Executives at Munich Re explained that they have been seeing a continued hardening of reinsurance rates and that they believe,.. Read More
Philippines looks to reinsurance & parametrics for crop scheme
The government of the Philippines is said to be looking at sources of reinsurance capital to underpin the Philippine Crop,.. Read More
'Significant event' declared as Sydney, Australia floods worsen
The Insurance Council of Australia (ICA) has now declared a ‘significant event’ for the developing severe flooding in Sydney and,.. Read More
