AIG's Lexington pulls-back in Florida, raising questions on E&S market
Lexington Insurance Company, the U.S. based surplus lines insurer arm of global player AIG, has reportedly announced a pull-back from,.. Read More
personal Insurance
Kin lifts debut Hestia Re cat bond target, now up to $200m
Direct-to-consumer and fast-growing insurtech Kin Insurance is aiming to upsize its first catastrophe bond issuance, with its target for the,.. Read More
Aons White Rock issues $16.2m Asagao V private cat bond
Aon’s Bermuda domiciled Class 3 and Class C insurer and segregated accounts company White Rock Insurance (SAC) Ltd. has issued,.. Read More
The Rest of the Story of a Public Adjuster Accused of Fraud, and Requirements to Provide Information About Suspected Fraud To Authorities | Merlin Law Group
I wrote a post eight years ago: Public Adjuster Arrested For Intentionally Inflated Fire Claim Denies Allegations. The post had,.. Read More
Lloyd's seeks expanded ILS approvals for London Bridge Risk PCC
The Lloyd’s insurance and reinsurance market is understood to be in active discussion with financial market regulators over an expansion,.. Read More
Australia flooding again, complicating claims, reinsurance and recoveries
Australia is flooding again, with weather forecasters talking about a “rain bomb” for the Sydney and surrounding region of New,.. Read More
CATCo buy-out scheme closes, distributions to investors begin
The closing date for the buy-out schemes for the Markel CATCo retrocessional reinsurance investment funds was yesterday March 28th and,.. Read More
Functional Replacement Cost Insurance | Merlin Law Group
Functional replacement cost endorsements and insurance valuations are increasingly being sold to help policyholders lower premiums. One warning for insurance,.. Read More
Severe storm, large hail & tornado threat for southern US this week
Weather forecasters are warning of another dangerous severe storm and convective weather outbreak this week for southern states of the,.. Read More
MS&AD secures $220m Tomoni Re cat bond at top-end pricing
The latest catastrophe bond issuance for Japanese insurance carriers owned by MS&AD Insurance Group Holdings has now been priced, with,.. Read More
ILS managers push-back on "excessive" COVID trapped capital: AM Best
Managers of insurance-linked securities (ILS) funds and other strategies are pushing back on what is seen as still excessive trapping,.. Read More
AM Best cites Florida market challenges as it downgrades Florida Farm Bureau
A decline in surplus, reserve adequacy trending lower, underwriting losses driven by storms and hurricanes, and a generally unsettled Florida,.. Read More
