personal Insurance

KCC raises US winter storm insurance industry loss estimate to $18bn

Catastrophe risk modelling specialist Karen Clark & Company has updated its estimate for insurance and reinsurance market losses from the,.. Read More

2021 a transition year, with reducing COVID-19 P&C exposure: RBC

The insurance and reinsurance industry is likely to experience a “transition year” in 2021, as its recovery from the impacts,.. Read More

Reinsurance counterparty concerns to rise, collateralized looks appealing

Counterparty risks are back on the agenda in the insurance and reinsurance market, as part of carriers and regulators heightened,.. Read More

Am I Using Reasonable Care to Maintain Heat In My Home to Provide Coverage for Frozen Pipe Damage?

As inches of snow pile up outside of my home, I found it an appropriate time to see if there,.. Read More

Philippine Catastrophe Insurance Facility (PCIF) means less risk ceded to reinsurers (to begin)

The Philippines will have a new private sector catastrophe insurance risk pooling facility in operation this quarter, with the initial,.. Read More

US winter storm Uri insured loss to break records, may reach double-digit billions

The ongoing winter storm event in the United States, dubbed winter storm Uri, is thought likely to become the largest,.. Read More

Swiss Re reports $3.9bn of COVID, $1.7bn of catastrophe losses in 2020

Global reinsurance giant Swiss Re reported its full-year 2020 results this morning, highlighting $3.9 billion of losses from the COVID-19,.. Read More

14 Interesting Facts about the Month of February - Jack Stone Insurance Agency

Apart from being the shortest month of the year with a changing number of days, February has some more fun,.. Read More

Universal takes almost $100m Q4 hit from catastrophes & loss creep

Universal Insurance Holdings, the Florida headquartered, nationally expansive primary insurance carrier, announced last night that it has taken a nearly,.. Read More