USAA to upsize new cat bond to $415m as coupons all rise
The target issuance size for the latest catastrophe bond from U.S. primary mutual insurer USAA has been lifted to $415,.. Read More
personal Insurance
Sfaif to depart PGGM to join reinsurer-owned ILS platform
Youssef Sfaif, a Director of Credit and Insurance Linked Investments at significant insurance-linked securities (ILS) sector pension investor PGGM, is,.. Read More
CATCo run-off process could continue into 2023 for Markel
With the CATCo retrocessional reinsurance investment funds buyout now completed, owner Markel and the remaining former-Markel CATCo team can concentrate,.. Read More
Ambiguities in Florida Policies: Comprehending Coverage Should Not Require the Proverbial Philadelphia Lawyer | Merlin Law Group
Conflicting policy provisions seem to be an increasing byproduct of the ever-growing number of coverage exclusions and limitations that insurance,.. Read More
Lancashire grows strongly in Q1, Ukraine exposure lower than expected
Specialty insurance and reinsurance group Lancashire Holdings continued to grow strongly during the first-quarter of 2022, adding almost 35% in,.. Read More
AXIS reduces cat premiums in Q1, as reinsurance sale rumours emerge
Bermuda headquartered insurance and reinsurance firm AXIS Capital lowered its catastrophe premiums written considerably in the first-quarter of 2022, as,.. Read More
Heritage pre-announces $64m of cat & weather losses for Q1
Reflecting the relatively heavy first-quarter US severe weather toll, Florida headquartered but nationally expansive property and casualty insurer Heritage Insurance,.. Read More
Everest Re catastrophe XoL pull-back continues in Q1
Global insurance and reinsurance firm Everest Re continues to take steps to reduce its exposure to property catastrophe related volatility,,.. Read More
Florida Governor sets property insurance special session for end of May
The Governor of Florida Ron DeSantis has now issued an official proclamation calling for a special legislative session, specifically to,.. Read More
ILS offers reliable & consistent diversification potential: PIMCO
The steady, positive returns delivered by insurance-linked securities (ILS) during times of broader financial market downturns, shows that the asset,.. Read More
Florida Citizens seeks $100m+ PLA focused Everglades Re II cat bond
Florida’s Citizens Property Insurance Corporation is back in the catastrophe bond market to sponsor a $100 million or greater ,.. Read More
