personal Insurance

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

$10m U.S. wind industry loss transaction issued on Tullett Prebon ILN platform

Tullett Prebon has successfully completed another issuance through its Insurance Linked Notes (ILN) platform, with a $10 million U.S. wind,.. Read More

CCRIF makes $7.45m payout to Haiti for hurricane Laura

Hurricane Laura’s passage has triggered parametric insurance coverage for Haiti, with the country receiving $7.45 million from the CCRIF SPC,.. Read More

Lloyd's expects to pay $6.5bn of COVID-19 claims

Lloyd’s of London expects that it and its members will pay around $6.5 billion of gross claims from the COVID-19,.. Read More

P&C reinsurance buyers expect to pay at least 5% more at 2021 renewals

According to a survey of property and casualty reinsurance buyers undertaken by rating agency Moody’s Investors Service, the consensus is,.. Read More

ILS capital could return to growth with second-half inflows: Schultz, Aon Securities

The insurance-linked securities (ILS) market may return to growth in terms of capital through the rest of 2020, thanks to,.. Read More

Tremor takes reinsurance auctions completed to 15, raises $4m in funding

Tremor Technologies Inc., the technology-based programmatic risk transfer marketplace provider, has now completed an impressive 15 reinsurance auctions since its,.. Read More

Megan Thomas of AXIS named as new Hamilton Re CEO

Hamilton Re, the reinsurance focused operations of Hamilton Insurance Group, has named Megan Thomas from AXIS as its new Chief,.. Read More