personal Insurance

Understanding Proof of Loss for Insurance Claims

This blog is about what proof of loss is in an insurance claim. As documentation of ownership, this proof can,.. Read More

SCOR gets quota share longevity retro from Mangrove sidecar

France-headquartered global reinsurance firm SCOR has put in place a sidecar-like, quota share retrocession vehicle named Mangrove Insurance PCC Limited,.. Read More

Catastrophes outweigh pandemic losses for Bermuda reinsurers in 2020

Bermuda’s reinsurance sector was hit by more catastrophe losses than costs from the COVID-19 pandemic in 2020, according to data,.. Read More

Winter storm losses in Texas drive ERCOT subrogation speculation

The size of the estimated winter storm insurance and reinsurance market loss from February’s severe Arctic freeze and the issues,.. Read More

Business Personal Property Claim: The Scavenger Hunt

Recently I was at a site inspection centered on business personal property. Items were skewed about in piles, where they,.. Read More

Oklahoma Bill Seeks to Prohibit Roofing Contractors from Covering Insureds Deductibles

A new bill is making its way through the Oklahoma legislative process that could impact policyholders and the roofing industry,.. Read More

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