personal Insurance

Vermont Mutual's $150m Baldwin Re cat bond set for 25% price drop

Vermont Mutual Insurance Company is targeting an increased size for its first catastrophe bond, with the issuance now set,.. Read More

Generali targets lower price for first green cat bond, Lion III Re

Italian and global insurance giant Assicurazioni Generali S.p.A. is aiming to secure its first green catastrophe bond deal, the EUR,.. Read More

Conflicting Policy Provisions Regarding the Duty to Mitigate in Business Interruption Claims

Virtually every property insurance policy has a specific section regarding the post-loss obligations of the insured. Whether it be expressly,.. Read More

Lloyd's Central Fund cover has no direct ILS participation

There isn’t any direct participation from insurance-linked securities (ILS) funds or investors in the £650 million reinsurance or retrocession protection,.. Read More

Tokio Marine targets lower pricing for $200m Umigame Re cat bond

Japanese primary insurance group Tokio Marine & Nichido Fire Insurance Co. Ltd. is on track to secure its latest catastrophe,.. Read More

US DOJ sues, says Aon Willis would be "broking behemoth", parties disagree

Reports that the US Department of Justice (DOJ) might not challenge Aon’s acquisition of rival Willis Towers Watson (WTW) have,.. Read More

Lloyd's secures

Lloyd’s, the London insurance and reinsurance marketplace, has secured a £650 million cover for its Central Fund, with £450 million,.. Read More

Does SB 76 Require An Insurer and Policyholder to Go To Appraisal If The Policy Does Not Reference Appraisal?

A number of Florida insurance companies removed appraisal from their policies over the past several years. Since litigation was the,.. Read More

Aon launches Florida hurricane catastrophe risk model

Insurance and reinsurance broker Aon has announced the launch of a new Florida hurricane catastrophe risk model developed by its,.. Read More

Wrigley Re cat bond price guidance falls for Blackstone's captive

Price guidance has fallen for the catastrophe bond transaction, that is being issued to provide parametric earthquake insurance protection,.. Read More

"Measured growth" expected for Elementum in 2021: White Mountains CEO

White Mountains is anticipating “measured growth” in 2021 from the insurance-linked securities (ILS) fund manager Elementum Advisors in which it,.. Read More