personal Insurance

CCR Re upsizes 157 Re sidecar for 2022, adds new investor

CCR Re, the French state-owned reinsurance firm, has renewed its 157 Re collateralised reinsurance sidecar vehicle for 2022 and said,.. Read More

Canadian insured catastrophe losses reach $2.04bn in 2021

Catastrophe losses in Canada that were covered by insurance and in some cases reinsurance reached CA $2.04 billion in 2021,,.. Read More

Secondary perils can be "death by a thousand cuts" - Aeolus

Secondary perils require a particular level of focus, investment and effort, when it comes to modelling risks of insurance-linked securities,.. Read More

Catastrophe rate adequacy still under debate after Jan renewals

The January 2022 reinsurance renewals have seen some of the best market conditions in years, with broad firming of rates,.. Read More

Extreme weather seen as most critical global threat: WEF report

The latest Global Risks Report 2022 from the World Economic Forum (WEF) found that climate risks dominate global concerns, but,.. Read More

Insurance Settlement Releases: What You Should Know | Merlin Law Group

First things first – A “release” is a legally binding document that releases your insurance company from liability contingent on,.. Read More

Hannover Re brings $84.5m of Seaside Re private catastrophe bonds

Global reinsurance giant Hannover Re has facilitated the issuance of another $84.5 million of Seaside Re private catastrophe bonds for,.. Read More

Swiss Re gets $250m 1863 ILS fund investment from Swedish pension Alecta

Global reinsurance firm Swiss Re, through its specialist insurance-linked securities (ILS) fund management unit Swiss Re Insurance-Linked Investment Management Ltd,.. Read More

Belisle fraud lawsuit to wait for CATCo insolvency decision in Bermuda

The fraud lawsuit involving former CATCo CEO Tony Belisle has been stayed pending a Bermuda Supreme Court decision on the,.. Read More

Ariel Re targets growth with upsized Berkshire Hathaway backing

Ariel Re, the Bermuda-headquartered international reinsurance company, has announced an upsized commitment from Warren Buffett’s giant conglomerate Berkshire Hathaway, with,.. Read More

AXA Climate partners with CoreLogic to enhance parametric hail offering

AXA Climate, the parametric specialist risk transfer managing general agent (MGA) unit of global insurance and reinsurance company AXA XL,,.. Read More

Cat exposed US property rates continued to soar in Q4: MarketScout

Property insurance prices in peak catastrophe zones continued to soar in the fourth-quarter of 2021, as owners of homes and,.. Read More