personal Insurance

Inflation surging. Catastrophe loss quantum to rise. Pricing for it is key

A new report from Moody’s paints a gloomy picture of rising combined ratios and elevated loss costs, because of the,.. Read More

RMS upgrades more catastrophe models to HD, adds climate risk features

Catastrophe risk modelling software specialist RMS has announced a number of its core models transitioning over to High Definition (HD),.. Read More

How Do Insurance Companies Pay Homeowners Insurance Claims?

Homeowners insurance claims payout periods vary depending on your state and insurance company’s requirements.Here is a look at how a,.. Read More

An Appraisal Clause From 1793 | Merlin Law Group

A History of the Insurance Company of North America was written in 1885. The book has a copy of a,.. Read More

Florida Citizens targets $3.64bn 2022 risk transfer buy, for $4.7bn program

For 2022, the staff of Florida’s Citizens Property Insurance Corporation are seeking approval to buy roughly $3.64 billion of new,.. Read More

FedNat's CFO resigns amid restructuring & recovery efforts

Amid all the challenges the Florida-focused property insurance company FedNat Holding Company has been facing, its latest is the resignation,.. Read More

Ocorian hires HSBC's Prabhakar to lead Capital Markets business development

Ocorian, a global provider of corporate and fiduciary services, fund administration and capital markets with operations focused on the insurance-linked,.. Read More

Fraudulent disaster claims cost P&C insurers extra $4.6bn to $9.2bn

Fraud, litigation, claims inflation, social inflation, loss adjustment expenses, there seems a multitude of reasons for natural disaster insurance claims,.. Read More

All change at SiriusPoint, as CEO departs & Third Point alumni return

SiriusPoint, the international insurance and reinsurance company that launched as Third Point Re and Sirius Group combined, has announced significant,.. Read More

TWIA renewal FoT's imply ~29% increase in reinsurance rate-on-line YoY

Firm order terms (FOT’s) for the 2022 traditional reinsurance renewal for the Texas Windstorm Insurance Association (TWIA) suggest an increase,.. Read More

Horseshoe transitions to Artex brand, mission stays the same: Faries

Today, Artemis can report that leading insurance-linked securities (ILS) market facilitator Horseshoe has transitioned to sit underneath the Artex brand,.. Read More

Florida Citizens CFO says risk transfer markets in "disarray"

The CFO of Florida’s Citizens Property Insurance Corporation said today that the reinsurance risk transfer markets are in “disarray”, meaning,.. Read More