SoCal Edison agrees $2.2bn Woolsey Fire subrogation settlement
California electrical utility Southern California Edison has agreed a $2.2 billion payout to settle all insurance subrogation claims from pending,.. Read More
personal Insurance
Heritage expects $41.5m of Q4 catastrophe & weather losses
Heritage Insurance Holdings, Inc., the Florida headquartered and nationally expansive U.S. property casualty insurer, has pre-announced an expectation that it,.. Read More
Everest Re reveals CAT & COVID losses, plus $400m social inflation reserve hit
Global insurance and reinsurance group Everest Re has pre-announced a range of charges being applied to its fourth-quarter and 2020,.. Read More
Sierra parametric cat bond hits $200m, prices 14% down on guidance
The second parametric earthquake catastrophe bond , sponsored by specialist mortgage security focused investment manager Bayview Asset Management, LLC, has,.. Read More
Universal hires Jason Burns as President of Blue Atlantic
Universal Insurance Holdings, the Florida headquartered, nationally expansive primary insurance carrier, has announced the hiring of Jason Burns as the,.. Read More
The Institutes Associate in Claims Designation
Merlin Law Group attorney Larry Bache leads by example. On Saturday, he texted me his passing grade for his course,.. Read More
OneGlobal opens Bermuda re/insurance broking office
Oneglobal Broking, the commercial insurance and reinsurance brokerage owned by investor JC Flowers, has opened its first Bermuda broking office,.. Read More
ILS capacity can support nuclear third-party liability risks: EC study
A European Commission study looking at the insurability of nuclear third-party liability risks (NTPL) and availability of capacity to support,.. Read More
FloodFlash pays parametric insurance claim in under ten hours
Flood risk insurtech company FloodFlash, which offers an innovative sensor-based approach to support parametric flood insurance triggers, has beaten its,.. Read More
Willis Re divestment seen necessary for Aon - WTW merger to complete
The industry sees a high chance that in order for Aon’s acquisition of rival Willis Towers Watson to go ahead,,.. Read More
Catastrophe protection gap hit 64% in 2020, $171bn goes uninsured: Aon
The global catastrophe protection gap reached 64% in 2020 as roughly $171 billion of natural catastrophe and severe weather losses,.. Read More
SCOR Investment Partners gets ILS allocation from City of Zurich pension
SCOR Investment Partners, , the asset management company of the global reinsurance group SCOR, won a new investment mandate from,.. Read More
