personal Insurance

Lancashire grows P&C reinsurance 85%, catastrophe risk a driver

Specialty insurance and reinsurance group Lancashire Holdings reported that its property and casualty reinsurance book grew by 85% across the,.. Read More

Allstate's Q3 reinsurance recoveries approach $1 billion

US primary insurance carrier Allstate reported that its catastrophe reinsurance recoveries for the third-quarter of 2021 are now approaching $1,.. Read More

Hannover Re's hurricane Ida & Bernd flood losses reduced by retro

The gaps between German reinsurance firm Hannover Re’s gross and net catastrophe losses from third-quarter events hurricane Ida and the,.. Read More

How Homeowners Insurance Cover Personal Injury Claims - Jack Stone Insurance Agency

Personal injuries can happen at anyone's home, which is why every homeowner needs to carry a certain amount of liability,.. Read More

Vesttoo hires Hauff as PM for Insurance-Linked Program (ILP)

Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the,.. Read More

Markel on-track to transfer all cat business to ILS model: Co-CEO's

Markel Corporation intends to continue to cede retrocessional reinsurance business to its Lodgepine Capital Management start-up retro ILS investment manager,.. Read More

Annual mortgage ILS issuance exceeds $5bn for first time in 2021

A record 12 mortgage insurance-linked securities (ILS) transactions have completed so far in 2021, taking annual issuance to more than,.. Read More

COP26: Munich Re calls out global failure to hit $100bn climate finance goal

Risk transfer and insurance focused public-private partnerships as well as the use of parametric triggers can assist in building global,.. Read More

PCS launches industry loss index & estimates for Global Aviation

In the latest new product roll-out to its specialty insurance and reinsurance lines loss reporting services, Property Claim Services (PCS),.. Read More

TWIA committee votes to change reinsurance broker to Willis Re

The Texas Windstorm Insurance Association (TWIA’s) Actuarial & Underwriting Committee met yesterday to review proposals for reinsurance broking services and,.. Read More

California Court Rejects Another Half-Baked Underinsurance Case - Property Insurance Coverage Law Blog - Merlin Law Group

Like many states, California law makes it difficult to sue for being “underinsured.” The law places the primary responsibility for,.. Read More

Conduit Re says retro buffered Ida impact, expects Euro rate rises

Conduit Re, a Class of 2021 reinsurance start-up that raised close to $1.1 billion of capital in an initial public,.. Read More