personal Insurance

Hannover Re cedes up to 32% of cats, 24% of COVID losses to retro in 2020

German reinsurance giant Hannover Re benefited from its retrocessional protections throughout 2020, potentially ceding almost one-third of natural catastrophe losses,.. Read More

2020 a defining year for ILS as cat bonds roar back after COVID lull: Swiss Re

As insurance-linked securities (ILS) such as catastrophe bonds demonstrated their relative lack of correlation to broader financial markets again in,.. Read More

Hannover Re's P&C result hit by fourth year of above budget large losses

Global reinsurer Hannover Re fell to a loss in its property and casualty reinsurance division in 2020, as impacts from,.. Read More

Congress Passes the American Rescue Plan | Scott Insurance

The U.S. House of Representatives voted today to approve The American Rescue Plan, a $1.9 trillion coronavirus relief package. As,.. Read More

Time right for ILS to enter cyber reinsurance market: Chatterjee, Envelop Risk

The evolution of the cyber reinsurance sector has seen a significant shift in market structure to something much more palatable,.. Read More

Increased climate disclosure & ESG scrutiny to benefit re/insurers and ILS

The insurance and reinsurance sector can benefit from increased disclosure of climate-related risks and increasing scrutiny from regulators is also,.. Read More

CEA targets record risk transfer in 2021, but cites rising reinsurance costs

The California Earthquake Authority (CEA) is targeting to increase the size of its risk transfer and reinsurance program to a,.. Read More

NCIUAs new cat bond hits $250m raised target, price drops 13%

The North Carolina Insurance Underwriting Association (NCIUA) latest catastrophe bond has now upsized by 150%, with the transaction set,.. Read More

ERS raises $350m as specialty lines & ILS build-out continues

As once motor-focused specialist insurer ERS continues its expansion and diversification into a multi-line insurance, reinsurance and insurance-linked securities (ILS),.. Read More

Lexington Slow-Pays Claims and Ignores Policyholders

Lexington’s insurance company President & CEO is Lou Levinson. He must really have a big ego because what he allows,.. Read More

Leadenhall ILS funds ESG classified under Article 8 of EU SFDR

Leadenhall Capital Partners LLP, London headquartered insurance-linked securities (ILS) and reinsurance related investments manger, has achieved a classification of its,.. Read More

Jamaica to sponsor World Bank cat bond before 2021 hurricane season

The Government of Jamaica aims to have its World Bank supported catastrophe bond issued and in place, providing a much-needed,.. Read More