personal Insurance

RGA's Ruby Re life reinsurance sidecar raises total capital of $480m after second funding round

Ruby Re, Reinsurance Group of America’s (RGA) third-party life reinsurance sidecar, has now raised a total of $480 million in,.. Read More

Public-private partnership delivers two parametric insurance products for flooding in Ghana

A 2022 project under the Tripartite Agreement which was launched to help strengthen the financial resilience of flood-prone communities in,.. Read More

ILS growth supports sustainable disaster recovery, community resilience: Baillie Gifford

According to James Squires, Head of Multi Asset and Partner at Baillie Gifford, the risk-based premium structure of insurance-linked securities encourages,.. Read More

Florida Insurance Department Receives Strong Responses to Emergency Estimating Rule A Call for Common Sense Changes | Property Insurance Coverage Law Blog

November 13, 2024 Yesterday, I submitted comments to Florida's Department of Financial Services regarding Emergency Rule 69BER24-4. 1 The overwhelming,.. Read More

CATCo listed retro fund to redeem more shares at much higher NAV

Reflecting the last few year’s recovery of value story in the Markel CATCo retrocessional reinsurance investment portfolio, the London listed,.. Read More

FEMA estimates hurricane Helene NFIP losses of $3.5bn to $7bn

The U.S. Federal Emergency Management Agency (FEMA) has provided a preliminary estimate of National Flood Insurance Program (NFIP) losses from,.. Read More

Upholding discipline & proof of profitability key for ILS: Artex Capital Solutions Faries

Kathleen Faries, CEO of Artex Capital Solutions, has noted that as the insurance-linked securities (ILS) market nears 2025, headline challenges,.. Read More

Reset in retentions to continue. Rates to trade around current levels: RenRe CEO O'Donnell

Giving an outlook for reinsurance renewals in 2025, Kevin O’Donnell, CEO of RenaissanceRe, explained last week that he anticipates retentions,.. Read More

City National Rochdale ILW fund roughly flat after pre-hurricane season positioning

After positioning itself in advance of the US hurricane season through Q2 this year, the City National Rochdale Select Strategies,.. Read More

Investment giants KKR & Capital Group launch multi-strat interval funds with ILS remit

Indicative of a broader and still developing trend we’ve been covering in recent years, of multi-asset managers adding catastrophe bonds,.. Read More

Lockton Re hires Tyler as Senior Retrocession and Property Specialty broker

Lockton Re, the reinsurance arm of the independent brokerage, has announced the hiring of Edward Tyler from rival Gallagher Re,,.. Read More