personal Insurance

California & U.S. wildfires heading into multi-billion dollar loss territory

Wildfires burning across California continued their destructive paths in recent days, as hot and dry weather combined with strong winds,.. Read More

ILS capital to expand. Cat bonds to benefit from retro crunch: Guy Carpenter

Insurance-linked securities (ILS) and alternative reinsurance capital are set to continue growing as a piece of the global risk transfer,.. Read More

African Risk Capacity expanding into flood risk in 2021

The African Risk Capacity (ARC), which provides parametric disaster insurance products for countries in Africa, is currently in a pilot,.. Read More

Common Reasons Why Your Home Insurance Claim Would Be Rejected

Home insurance is there to help you when you need it the most. Prevent your home insurance claim from being,.. Read More

2021 renewals to be "decisive" for alternative capital, says Fitch

The reinsurance renewals in 2021 are set to be “decisive” for the alternative reinsurance capital and insurance-linked securities (ILS) market,,.. Read More

Lloyd's won't be a capital free-for-all. iSPV plan approved at Council

The Lloyd’s insurance and reinsurance market won’t be a free-for-all for capital once new ILS plans are in place, rather,.. Read More

Descartes raises $18.5m Series A to scale up parametric insurance

Descartes Underwriting, the insurance technology (insurtech) focused managing general agency (MGA) that specialises in parametric and data-driven risk transfer products,,.. Read More

Guy Carpenter appoints Marsh's Dean Klisura as President

Reinsurance brokerage Guy Carpenter, part of the Marsh & McLennan group of companies, has appointed long-time Marsh insurance broking senior,.. Read More

FedNat triggers reinsurance program with hurricane Laura losses

FedNat Holding Company, the U.S. primary insurance carrier group, said that its reinsurance counterparties will be bearing a share of,.. Read More

ILS capital influx beginning, expected to persist: Swiss Re's Rede

Global reinsurer Swiss Re, which has been expanding its alternative reinsurance capital strategies in recent years, is seeing the “beginning,.. Read More