personal Insurance

Arch closes new mortgage ILS at best pricing, broadest investor participation

Arch Capital Group, the Bermuda headquartered specialty insurance and reinsurance company, said today that its mortgage insurer arm, Arch Mortgage,.. Read More

May hail drives Allstate's pre-tax Q2 catastrophe losses to $757m

US primary insurance carrier Allstate has reported $213 million of estimated pre-tax catastrophe losses for the month of May 2021,,.. Read More

Divestitures more likely than Aon abandoning Willis deal: Analysts

After the US Department of Justice (DOJ) decided to sue in an attempt to block Aon’s acquisition of broking rival,.. Read More

Vermont Mutual's $150m Baldwin Re cat bond set for 25% price drop

Vermont Mutual Insurance Company is targeting an increased size for its first catastrophe bond, with the issuance now set,.. Read More

Generali targets lower price for first green cat bond, Lion III Re

Italian and global insurance giant Assicurazioni Generali S.p.A. is aiming to secure its first green catastrophe bond deal, the EUR,.. Read More

Conflicting Policy Provisions Regarding the Duty to Mitigate in Business Interruption Claims

Virtually every property insurance policy has a specific section regarding the post-loss obligations of the insured. Whether it be expressly,.. Read More

Lloyd's Central Fund cover has no direct ILS participation

There isn’t any direct participation from insurance-linked securities (ILS) funds or investors in the £650 million reinsurance or retrocession protection,.. Read More

Tokio Marine targets lower pricing for $200m Umigame Re cat bond

Japanese primary insurance group Tokio Marine & Nichido Fire Insurance Co. Ltd. is on track to secure its latest catastrophe,.. Read More

US DOJ sues, says Aon Willis would be "broking behemoth", parties disagree

Reports that the US Department of Justice (DOJ) might not challenge Aon’s acquisition of rival Willis Towers Watson (WTW) have,.. Read More

Lloyd's secures

Lloyd’s, the London insurance and reinsurance marketplace, has secured a £650 million cover for its Central Fund, with £450 million,.. Read More