WTW designs parametric risk transfer for Global Shield funded UNICEF initiative
WTW has designed a parametric trigger for a responsive tropical cyclone insurance arrangement that will support a United Nations Children’s,.. Read More
personal Insurance
Beazley raises $350m to target 50% higher reinsurance rates
London headquartered specialty insurance and reinsurance firm Beazley has successfully raised £350 million in the share placing it announced last,.. Read More
BAM secures $150m Fidus Re 2022 financial guarantee ILS
Build America Mutual Assurance Company, the financial guarantee and municipal bond specialist, has returned to the insurance-linked securities (ILS) market,.. Read More
Flood Insurance Claims With Corrosion and CollapseA Call For Reform | Merlin Law Group
The post, Collapse From Storm Surge—Will National Flood Pay These Claims? led to a number of questions on whether these,.. Read More
Beazley targets
London headquartered specialty insurance and reinsurance firm Beazley has launched a new capital raising effort, aiming to raise £385 million,.. Read More
Allianz promotes Fromhold to Chief Group Reinsurance Buyer
Allianz has promoted Thorsten Fromhold to the role of Chief Group Reinsurance Buyer, a role in which he will oversee,.. Read More
W. R. Berkley continues Lifson Re sidecar premium expansion in Q3 2022
W. R. Berkley Corporation, the US headquartered insurance holding company, has continued to expand the premiums ceded to investors backing,.. Read More
Citizens lifts hurricane Ian loss estimate to $3.8bn. Cat bonds not expected to trigger
Florida’s property insurer of last resort Citizens Property Insurance Corporation has significantly increased its loss estimate for hurricane Ian, raising,.. Read More
Climate analytics firm One Concern hires RMS' Kinsella for P&C sales
One Concern, a resilience-as-a-service solutions provider with a focus on providing upfront information on potential financial impacts of climate related,.. Read More
FloodSmart Re cat bonds sold at low prices in days prior to NFIP loss estimate
The secondary market for catastrophe bonds has again demonstrated that timing can be everything when it comes to trading in,.. Read More
Kestrel aims to be at forefront as ILS innovates into new lines, hires Dijak
Kestrel Group, the program specialist launched earlier this year by the Ledbetter family, has hired Dan Dijak from Vesttoo to,.. Read More
COP27: Global Shield launched with role for parametric triggers & cat bonds
At the COP27 climate change conference in Egypt yesterday the Vulnerable 20 Group of Finance Ministers (V20) of 58 climate,.. Read More
