Climate change a driver for FEMA's use of cat bonds & reinsurance: Maurstad
The U.S. Federal Emergency Management Agency (FEMA) has hailed the successful completion of the issuance of its new $450 million ,.. Read More
personal Insurance
Markel CATCo funds seek US bankruptcy support for buyout
The Markel CATCo retrocessional reinsurance investment funds are seeking support from the US bankruptcy courts for the proposed buyout schemes,,.. Read More
Euro storm losses may hit EUR 5bn. Reinsurance to take majority: Fitch
Recent severe European windstorm activity from storms Dudley, Eunice and Franklin (Ylenia, Zeynep and Antonia) could drive losses of as,.. Read More
SCOR P&C took catastrophe hit in 2021, climate change monitored
Heavy catastrophe losses through 2021 have driven SCOR’s P&C reinsurance combined ratio above 100 for the full-year, as the firm’s,.. Read More
Lodgepine CEO Barnard and President Slade depart Markel
Andrew Barnard and Brent Slade, the two most senior executives from Lodgepine Capital Management Limited, the in run-off start-up retrocession,.. Read More
Allstate exhausts cat bond as 2021 cat reinsurance recoveries hit $1.37bn
US primary insurance carrier Allstate has revealed making $1.37 billion of recoveries under its catastrophe reinsurance arrangements during calendar year,.. Read More
Munich Re cites higher demand, tightened alternative capacity
In announcing its results this morning, global reinsurance giant Munich Re has cited two factors in helping to improve market,.. Read More
Selling or Disposing of Evidence Is Not Spoliation of Evidence Countering an Insurers Spoliation | Merlin Law Group
An insured should be able to overcome an insurer’s claim that the insured’s sale or disposal of property is not,.. Read More
Coca-Cola pension fund ILS allocation shrinks 9% to $330m in 2021
Global beverage and food giant the Coca Cola Company’s pension fund allocation to insurance-linked securities (ILS) shrank in 2021, dipping,.. Read More
What a "digital twin" can do for climate ILS product design
The insurance-linked securities (ILS) market has long designed its risk transfer products and solutions using the insights gleaned from the,.. Read More
Munich Re targets record premiums in positive reinsurance market
Global reinsurance giant Munich Re is forecasting that it will construct its largest ever portfolio of risk in 2022, as,.. Read More
17 Common Homeowners Insurance Myths That You Should Be Aware Of
Here are 17 common homeowners insurance myths to watch out for when assessing what type of home insurance policy you,.. Read More
