Allstate's March cat losses increase recoveries under Sanders cat bonds
US primary insurer Allstate revealed today that its catastrophe losses, before reinsurance, subrogation recoveries and taxes totalled $1.67 billion for,.. Read More
personal Insurance
AGCS names Brown head of Capital Solutions, as Boyd to depart
Allianz Global Corporate & Specialty (AGCS) has appointed David Brown as its new head of Capital Solutions, a team focused,.. Read More
New York Statute of Limitations and the Effect of the COVID-19 Closures
Recently the New York Statute of Limitations has become a heated topic of litigation. Governor Cuomo issued Executive Orders tolling,.. Read More
AXIS expects up to $90m winter storm loss, based on industry hit up to $14bn
AXIS Capital, the Bermuda-based, globally-active insurance and reinsurance company, has pre-announced an expectation that it will shoulder up to $90,.. Read More
Louisiana Citizens returns to Bermuda for $125m Pelican IV Re 2021 cat bond
Louisiana Citizens Property Insurance Corporation, the non-profit residential and commercial property insurer for those who cannot access private market insurance,.. Read More
Vantage Risk targets first catastrophe bond with $150m Vista Re
Vantage Risk, the insurance and reinsurance start-up launched by industry veterans Greg Hendrick and Dinos Iordanou, is in the market,.. Read More
CATCo retro fund benefits from further $19.2m trapped capital release
The CATCo Reinsurance Opportunities Fund Ltd., the stock exchange listed retrocession focused strategy managed by Markel CATCo and in run-off,.. Read More
RenRe expects $180m winter storm Uri loss, anticipates Q1 net loss
RenaissanceRe, the Bermuda headquartered reinsurer and third-party reinsurance capital manager, has pre-announced an expectation that losses from winter storm Uri,.. Read More
California wildfire season could be extreme in 2021, warn experts
Scientists, meteorologists and other experts with a view on wildfire related conditions in the state of California are warning of,.. Read More
Can Insurance Companies Avoid Appraisal by Alleging the Amount Claimed is Fraudulent?
The new property insurance tactic to avoid payment and thereby delay or deny appraisal is to claim that the policyholder,.. Read More
Learn why parametrics can reduce the "basis risk" of indemnity: Webcast
In some situations, parametric insurance and risk transfer arrangements can benefit the protection buyer by providing coverage that wouldn’t have,.. Read More
Everest Re secures $650m Kilimanjaro III cat bond at reduced pricing
Everest Re, the globally active insurance and reinsurance company, has now finalised the pricing on the latest $650 million of,.. Read More
