Many ILS funds report negative February returns on winter storm impacts
The majority of insurance-linked securities (ILS) funds have reported a negative return for February 2021 after the impacts of the,.. Read More
personal Insurance
2020's typhoon Haishen loss rises 12%, Kyushu rain/flood loss rises 6%
The General Insurance Association of Japan (GIAJ) has said that insurance market losses from the July 2020 heavy rainfall event,.. Read More
Extended Replacement Cost Coverage: A Safeguard Against Demand Surge
An Extended Replacement Cost (“ERC”) endorsement1 can be added to a policy to increase the stated limits for your dwelling/building,.. Read More
COVID-19 insured loss reports rise 21% in last quarter, near $38bn
Losses and IBNR reserves related to the COVID-19 coronavirus pandemic reported by major insurance and reinsurance companies have risen significantly,.. Read More
Basis risk of unmodelled losses needs pricing in: Conduit's Eckert
In reinsurance, the impacts of unmodelled losses constitute a form of basis risk and after the last few years this,.. Read More
South Korea urged to establish catastrophe bond & ILS regulatory regime
South Korea’s government is being urged to establish a regulatory regime suited to issuance of insurance-linked securities (ILS) such as,.. Read More
Catastrophe bond & related ILS market hit new high at end of Q1
The outstanding market size of catastrophe bonds and related insurance-linked securities (ILS) continued to grow in the first-quarter of 2021,,.. Read More
Busy Atlantic hurricane season forecast for 2021: Accuweather
The Atlantic hurricane season is forecast to be another busy one in 2021, with more than 16 named tropical storms,.. Read More
Florida set for some of the steepest NFIP flood insurance rate rises
Florida is set to experience some of the steepest increases in rates and pricing of flood insurance coverage under the,.. Read More
Zeroed Out Hurricane Claims and Cheating Claims PracticesWhy Are Our Florida Politicians Ignoring These Ongoing Claims Problems and Seemingly Protecting Cheating Insurance Companies?
I will be in Tallahassee today providing testimony regarding property insurance claims legislation. It seems that every year the Florida,.. Read More
Japan's M7 quake in Feb seen to have $1bn industry loss potential by Cresta
The CRESTA organisation believes that the Magnitude 7 earthquake that struck the Fukushima region of Japan on February 13th 2021,.. Read More
Everest Re's new Kilimanjaro III Re cat bond set for $650m
Global insurance and reinsurance firm Everest Re now looks set to secure $650 million of fully-collateralized retrocessional reinsurance protection from,.. Read More
