Cat business earns cost-of-capital, but more rate needed: Munich Re CFO
Reinsurance giant Munich Re finds that generally writing catastrophe reinsurance business does earn its cost-of-capital for the company, but still,.. Read More
personal Insurance
Descartes aims to revolutionise parametric earthquake risk transfer
Descartes Underwriting, the insurance technology (insurtech) focused managing general agency (MGA) that specialises in parametric and data-driven risk transfer products,,.. Read More
Re/insurers risk retaining more property cat, warn Peel Hunt analysts
Analysts from Peel Hunt warn that with reinsurance market appetite for certain property catastrophe risks uncertain, some re/insurers may find,.. Read More
Safepoint's Manatee Re cat bond marked down significantly on Ida loss
Both tranches of Safepoint Insurance Company’s most recent catastrophe bond, the $40 million transaction, have now been marked down,.. Read More
LA Citizens says reinsurance & cat bonds to take majority of $461m Ida loss
Louisiana Citizens Property Insurance Corporation has reported an estimated loss from hurricane Ida of around $461 million, but thanks to,.. Read More
Can Insurance Companies Depreciate Labor Costs in Washington? Insurance Commissioner Stands Up For Policyholders - Merlin Law Group
Insurance companies will no longer be able to write insurance policies which depreciate labor costs when determining actual cash value,.. Read More
Goldman Sachs hires ILS structurer Nguyen from Swiss Re
Goldman Sachs has made a new hire within its investment banking Insurance Structured Finance team, adding Tony Nguyen, an experienced,.. Read More
Farmers targets first catastrophe bond, with $100m+ Topanga Re
Farmers Insurance Group, the US insurer that also operates across a number of reciprocal insurer brands and has Zurich Insurance,.. Read More
Alphabet (Google) targets $250m+ third quake catastrophe bond
Google’s holding company parent Alphabet, Inc. has returned to the catastrophe bond market for the third time, as it seeks,.. Read More
City National Rochdale ILW fund hits $179m, shares trade higher post-Ida
The industry-loss warranty (ILW) focused mutual fund strategy offered by investment adviser City National Rochdale (CNR) increased its net assets,.. Read More
Renewals to see different dynamics across reinsurance risk tower: TigerRisk's Gulbransen
At reinsurance renewals in 2022, there is expected to be a an overarching focus on achieving more sustainable pricing levels.,.. Read More
Thinking of Bundling Car and Home Insurance? Here's What You Should Know - Jack Stone Insurance Agency
To attract and retain customers, most insurance companies offer multi-policy discounts (bundling discounts). While this may sound like a good,.. Read More
