personal Insurance

Western U.S. wildfire insured losses estimated up to $8bn by RMS

Insurance and potentially reinsurance market losses from the ongoing wildfires across western U.S. states are now estimated to have reached,.. Read More

United (UPC) estimates Q3 catastrophe losses of $135m

Florida headquartered, expansive catastrophe exposed primary property insurer United Insurance Holdings (UPC Insurance) has estimated its losses from recent tropical,.. Read More

Peak Re hires Andrew Souter for Director of Markets role

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered, Fosun backed global reinsurer, has announced the hiring of Andrew,.. Read More

Well know were in a hard market when deals dont get done: Hamilton Res Brown

David Brown, Chairman and interim CEO of Bermuda-based reinsurer Hamilton Re, has said that reinsurers should be looking for “better,.. Read More

Property catastrophe reinsurance demand may increase at 1/1 renewals: Aon

Demand for property catastrophe reinsurance could increase at the key January 2021 renewals according to broker Aon, as the trend,.. Read More

PartnerRe appoints Nicholas Hughes to lead expanded retro team

PartnerRe, the Bermuda headquartered and EXOR owned reinsurance company, has announced the appointment of Nicholas Hughes as Head of Retrocession,,.. Read More

Asia to become increasingly relevant in life insurance-linked securities

Globally, the life insurance-linked securities (ILS) space is gaining momentum and in Asia specifically, the risk/return profile appears to be,.. Read More

Collateral held in trust for ILS transactions rises 11% for Hannover Re

Global reinsurance firm Hannover Re has been quietly expanding its activities in the insurance-linked securities (ILS) space for some time,,.. Read More

Beazley raises Covid-19 loss estimate to $340m on event cancellation

Beazley, the specialist Lloyd’s focused insurance and reinsurance underwriting business, has increased its estimate of the cost of Covid-19 claims,.. Read More

Arch unveils establishment of single managing agency

Arch Insurance International, a wholly owned subsidiary of Bermuda headquartered insurance and reinsurance firm, Arch Capital Group, Ltd., has announced,.. Read More

FloodFlash scales sensor-based parametric flood cover to larger corporates

Insurtech start-up FloodFlash, which offers an innovative sensor-based approach to support parametric flood insurance triggers, is scaling up its offering,.. Read More