personal Insurance

Vacating Appraisal Awards in New York

In a recent case,1 the New York Appellate Division refused to vacate an appraisal award unfavorable to an insurer because,.. Read More

USAA's new $400m ResRe catastrophe bond priced far below guidance

U.S. primary mutual insurance company USAA has seen its latest catastrophe bond, the upsized $400 million transaction, price far,.. Read More

AIG's AlphaCat sees ILS assets shrink $400m to $3.8bn in Q1 2021

American International Group’s (AIG) insurance-linked securities and collateralized reinsurance activities under its dedicated ILS investment manager entity, AlphaCat Managers, were,.. Read More

AIG's GI combined ratio improves globally, but worsens in North America

American International Group (AIG) reported much improved performance for its General Insurance division, which reported a combined ratio improvement and,.. Read More

Industry loss from Australian floods estimated at A$1.055bn (US $825m)

The industry loss to insurance and reinsurance markets from March’s severe flooding in New South Wales and Queensland, Australia has,.. Read More

What is a Competent Umpire for a Property Insurance Appraisal?

The Insurance Appraisal and Umpire Association held a training session in Orlando today. The session was led by Robert Norton.,.. Read More

All You Need to Know About Finding the Right Condo Insurance - Jack Stone Insurance Agency

To figure out correct condo insurance for yourself, start by assessing your personal items' value and taking inventory of them.,.. Read More

Aspen hires Laurie Shane, aligns outwards reinsurance with Capital Markets

Aspen Insurance Holding Limited, the specialty insurance and reinsurance underwriter, is aligning its outwards reinsurance operations with its third-party capital,.. Read More

US hurricane insured losses could rise 24%, EU flood 59% by 2050: RMS

Catastrophe risk modelling specialist RMS has said that average annual insurance industry losses from North Atlantic hurricanes could increase by,.. Read More

Stere launches digital ecosystem for programs, targets ILS fund capacity

A new insurance technology start-up named Stere has been launched to provide a digital ecosystem for insurance programs, targeting capacity,.. Read More

Cat bonds see wave of demand, secondary spreads drop 15-20%: Aon

Catastrophe bonds are experiencing a “wave of demand” according to Aon Securities, which has now resulted in spreads dropping by,.. Read More

United (UPC) says Florida to remain "very firm for the foreseeable future"

Florida headquartered insurer United Insurance Holdings (UPC Insurance) has said that it anticipates the Florida personal lines property insurance market,.. Read More