Nat cat losses fourth highest on record in 2021 at $105bn: Swiss Re
Insurance industry losses from natural catastrophe events are preliminarily estimated to reach $105 billion in 2021, according to global reinsurance,.. Read More
personal Insurance
Aggregate retro capacity "extremely scarce" on lower ILS capital
Capacity to support aggregate retrocessional reinsurance renewals at 1/1 is “extremely scarce” according to analysts at KBW, who after a,.. Read More
Tornadoes a multi-billion loss, a "limited portion" for reinsurance: Aon
Broking powerhouse Aon has warned that the industry faces a multi-billion loss from the US tornadoes that struck at the,.. Read More
US tornado toll likened to $7bn industry loss from 2020 Derecho
Lloyd’s of London syndicate manager and private capital specialist Argenta Group suggests that the weekend tornado damage in the southeastern,.. Read More
Markel CATCo buyout support undertakings extended to end of February 2022
As the proposal of a process to buyout investors in the Markel CATCo Investment Management retrocessional reinsurance investment funds has,.. Read More
Tornado impact to ILS investors cannot be ruled out: Twelve Capital
At this still early stage following the tornadoes and severe storms that struck the United States this weekend, it’s not,.. Read More
Munich Re: Reinsurance alone cannot absorb systemic risk of climate change
Global reinsurance giant Munich Re has said that reinsurance alone cannot absorb the systemic risk that climate change brings, citing,.. Read More
Insurance Company Internal Claims Management Documents Should Demonstrate Good Faith Claims Processes | Merlin Law Group
Insurance company claims management hates to have outside critical analysis over its handling of property insurance claims. Whether by regulators,.. Read More
Logistics Re cat bond priced at top-end of guidance for sponsor Prologis
The first catastrophe bond from logistics, warehousing and supply-chain focused real estate owner and investor Prologis, Inc. has now been,.. Read More
Tornadoes to affect some aggregate cat bonds: Plenum
The weekend’s significant tornado activity in the United States could affect some aggregate catastrophe bonds, according to insurance-linked securities (ILS),.. Read More
Farmers upsizes Topanga Re cat bond to $160m at top-end pricing
Farmers Insurance Group has now secured the slightly upsized $160 million of collateralized reinsurance protection from its first catastrophe bond,,.. Read More
Weekend tornado & storm losses to run into billions of dollars
This weekend’s tragic tornado impacts across southeaster US states is expected to drive an insurance and reinsurance market loss into,.. Read More
