BMS says LA wildfire insured losses likely to exceed $25bn. KBW analyses up to $40bn
Broking group BMS has said that it expects the insurance and reinsurance market losses from the Los Angeles region of,.. Read More
personal Insurance
Polo Insurance Managers launches Guernsey-based reinsurer Clockwork Re
Polo Insurance Managers (PIM), an independent, licensed insurance manager within the PoloWorks group, has launched Clockwork Re, a newly established,.. Read More
Panel Discussion on Homeowners Property Insurance Cost Drivers | Property Insurance Coverage Law Blog
January 14, 2025 The Florida House Insurance and Banking Subcommittee is holding a “Panel Discussion on Homeowner’s Property Insurance Cost,.. Read More
NFIP's Helene loss estimate rises to $6.75bn. Two cat bonds extended with partial repayment
Artemis has learned that FEMA has increased its estimate for National Flood Insurance Program (NFIP) losses from hurricane Helene, raising,.. Read More
UCITS cat bond funds grow 26% in 2024, end year with $13.8bn under management
Catastrophe bond funds in the UCITS format continued their strong growth through the end of last year, reaching a new,.. Read More
Autonomous raises its LA wildfire loss estimate to $25bn, $18bn from Palisades fire
Autonomous Research has raised its estimate for insurance and reinsurance market losses from the Los Angeles, California wildfires to $25,.. Read More
Unseen Smoke and Visual Ash Dangers from Wildfires | Property Insurance Coverage Law Blog
January 14, 2025 John Putnam wrote an article warning about the dangers of smoke following wildfires, titled, Wildfire Smoke Claims:,.. Read More
Altor Re launches as reinsurance and ILS focused broker in London
Altor Re Ltd, a new London based brokerage that specialises in placing insurance-linked securities (ILS) and reinsurance business globally, has,.. Read More
Alternative capital growth to continue in 2025, given high returns for ILS: Thad Hall, Augment Risk
According to Thad Hall, Partner and Head of insurance-linked securities (ILS) Solutions at Augment Risk, the risk capital and reinsurance,.. Read More
Northern Re hires former Munich Re exec Touahri, to advance casualty ILS strategy
Northern Reinsurance SPC, Ltd. (Northern Re), a collateralized reinsurance company with a focus on providing investors access to the returns,.. Read More
California wildfires: Subrogation topic raised, as utilities come into focus
The question of potential recoveries from subrogation of claims has emerged in relation to the ongoing wildfires in Los Angeles,.. Read More
CA FAIR Plan - A Guarantee for Insurers? | Property Insurance Coverage Law Blog
How the California FAIR Plan operates, its financial safeguards, and why policyholders can remain confident in its ability to pay,.. Read More
