Great Wall Re catastrophe bond issued in Hong Kong for PICC P&C
Hong Kong now has its third catastrophe bond, after Chinese domestic insurer PICC Property and Casualty Company Limited sponsored a,.. Read More
personal Insurance
Reinsurance capital contracted in H2, but some inflows seen in December: GC
Reinsurance capital levels experienced additional downward pressure through the second-half of 2022 according to Guy Carpenter, but the broker also,.. Read More
Rate increases generally north of 35%. Hard market to persist, says Stonybrook
In general, reinsurers are generally achieving north of 35% rate increases for January 1st 2023 property and catastrophe reinsurance renewals,,.. Read More
New $18.48m Isosceles deal takes 2022 private cat bond issuance to $738m
Isosceles Insurance Ltd., the Bermuda-domiciled private insurance-linked securities (ILS) and catastrophe bond platform operated by Marsh McLennan and reinsurance broker,.. Read More
Most renewals largely completed at client issued structure & price: Guy Carpenter
Reinsurance broker Guy Carpenter has claimed that, despite the evident challenges at this reinsurance renewals, “placements were largely completed at,.. Read More
As reinsurance renews harder, market resets higher, can baselines be sustained?
The reinsurance market is renewing much harder at these 1/1 2023 renewals and while the market resets its pricing baselines,.. Read More
TheProperty Insurance Industry Is Pushing to Limit the Concept of Physical Damage or Physical Injury | Merlin Law Group
Yesterday’s post, Ohio Justices Obviously Do Not Have an Electrical Engineering Degree When They Rule Software Cannot Have a Physical Presence, resulted,.. Read More
Winter Storm Elliott insured loss estimated $5.4bn by Karen Clark & Co.
Winter Storm Elliott, so the extreme cold, blizzards and severe winter extratropical storm related weather that struck the United States,.. Read More
Bermuda re/insurers used more ILS in 2021. ILW use flat, retro down
Use of insurance-linked securities (ILS) such as catastrophe bonds increased among Bermuda-based insurance and reinsurance firms in 2021, according to,.. Read More
Hurricane Ian catastrophe claims cost nears $12.6bn: FLOIR
The latest estimate for hurricane Ian insured losses based on claims data submitted by primary insurers in Florida now stands,.. Read More
Claims Management: How Medcor Triage Service Can Benefit Your Business.
When an accident or injury happens on the job site, how does your team react? Do you have a plan,.. Read More
Weather & storm insured losses hit EUR4.3bn in Germany in 2022: GDV
Insurance market losses from severe weather, storms or natural catastrophe events in Germany have reached EUR 4.3 billion in 2022,.. Read More
