personal Insurance

2020 US wildfire industry loss estimate lifted to $7bn - $13bn by RMS

The estimated insurance and reinsurance market loss from wildfires that have affected largely the western United States in 2020 is,.. Read More

Public Adjusters Who Write Civil Remedy Notices Can Lose Their Licenses | Merlin Law Group

Public adjusters cannot practice law. Every state in the union has this restriction. Every public adjuster should read Merlin Law,.. Read More

Liberty Mutual's new Mystic Re IV cat bond grows 50% to $300m

The new catastrophe bond transaction sponsored by insurance giant Liberty Mutual has been upsized during its marketing, growing by,.. Read More

Vantage can leverage ILS to be creative & expand the pie: CEO, Hendrick

Combined with advanced technology and great talent, Vantage sees the range of insurance-linked securities (ILS) structures as a means to,.. Read More

Hurricane Eta US industry loss estimated around $550m by Aon

Insurance and reinsurance broker Aon has said that hurricane Eta has likely caused around $550 million of insurance market losses,.. Read More

October 2020 Queensland hailstorm industry loss said A$1.231bn

The insurance and reinsurance market loss from the October 2020 south-east Queensland, Australia hailstorm event has been preliminarily estimated at,.. Read More

Here's What You Need to Do to Protect Your Holiday Gifts This Season

Porch piracy is a big problem in the U.S., particularly around the holidays, and it is likely to escalate this,.. Read More

First parametric wildfire cat bond Power Protective Re prices up 9%

The first ever parametric solely wildfire exposed catastrophe bond to hit the market, the $50 million   transaction being sponsored,.. Read More

Strategic decisions by investors drove Kelvin Re & Humboldt Re shuttering: Credit Suisse

The shuttering of Guernsey based, Credit Suisse Insurance-Linked Strategies supported, reinsurance firms Kelvin Re and Humboldt Re is due to,.. Read More

CEA to keep risk transfer target stable in 2021, Q1 cat bonds possible

The California Earthquake Authority’s (CEA) reinsurance program has shrunk slightly in the last few weeks, as $400 million of Ursa,.. Read More

Fidelis takes capital over $2.4bn, plus its cat bonds & sidecar quota shares

Fidelis Insurance Holdings Limited, the specialty insurance and reinsurance firm launched by Richard Brindle, has taken its capital raising efforts,.. Read More