ARC payout helps Madagascar with post-cyclone Batsirai reconstruction
The African Risk Capacity (ARC) has now presented the Government of Madagascar with a “symbolic” $10.7 million cheque after the,.. Read More
personal Insurance
Pool Re 'delighted' as second cat bond receives strong investor support
Pool Re, the UK government backed mutual terrorism reinsurer, saw significant interest and appetite from the capital markets for the,.. Read More
Storms and floods see IAG utilise $95m of its aggregate reinsurance
Australian primary insurer IAG expects to incur net costs of around AUD 74 million for the storm and flooding event,.. Read More
ICA calls for greater nat cat investment as Australia flood insured loss hits $1.62bn
The Insurance Council of Australia (ICA) has reported that insurers in the country have received 107,844 claims from the severe,.. Read More
Jim Fiore joins re/insurance broker Aon from QBE
Jim Fiore, previously QBE Insurance’s Chief Reinsurance Officer, has joined insurance and reinsurance broker Aon as Chief Strategy Officer, Capital,.. Read More
Is Pipe Failure Resulting in Foundation Damage from Washout Covered? Policy Form and Jurisdiction is Important | Merlin Law Group
Pipe failures leading to a washout underneath a foundation can be a significant loss for policyholders. The question is whether,.. Read More
Core Specialty launches Fronting Division
Core Specialty Insurance Holdings, Inc. has created a new Fronting Division, and hired Scott Snyder from Ambac Financial Group to,.. Read More
Tomoni Re cat bond seeks $240m of cover for MS&AD insurers
A new catastrophe bond issuance has been launched to benefit two Japanese insurance carriers owned by MS&AD Insurance Group Holdings,,.. Read More
Private ILS strategies outperform, as ILS funds return 0.26% in Jan 2022
Private insurance-linked securities (ILS) fund strategies outperformed in January 2022, as pure catastrophe bond funds absorbed the impact of a,.. Read More
Relative value of ILS investing evident in 2021: Swiss Re
2021 saw the catastrophe bond market soften, with a trend towards tightening across most of the year, but differentiation remained,,.. Read More
ILS can help London maintain cat portfolios as retreat continues
As many Lloyd’s and London market insurers retreat from the catastrophe space, amid elevated losses and the uncertain but increasing,.. Read More
Australia flood claims approach 100,000 as ICA estimates $1.45bn insured loss
The flooding in Southeast Queensland and New South Wales has now resulted in 96,844 claims, which based on previous flood,.. Read More
