SCOR gets quota share longevity retro from Mangrove sidecar
France-headquartered global reinsurance firm SCOR has put in place a sidecar-like, quota share retrocession vehicle named Mangrove Insurance PCC Limited,.. Read More
personal Insurance
Catastrophes outweigh pandemic losses for Bermuda reinsurers in 2020
Bermuda’s reinsurance sector was hit by more catastrophe losses than costs from the COVID-19 pandemic in 2020, according to data,.. Read More
Winter storm losses in Texas drive ERCOT subrogation speculation
The size of the estimated winter storm insurance and reinsurance market loss from February’s severe Arctic freeze and the issues,.. Read More
Business Personal Property Claim: The Scavenger Hunt
Recently I was at a site inspection centered on business personal property. Items were skewed about in piles, where they,.. Read More
Oklahoma Bill Seeks to Prohibit Roofing Contractors from Covering Insureds Deductibles
A new bill is making its way through the Oklahoma legislative process that could impact policyholders and the roofing industry,.. Read More
Hannover Re cedes up to 32% of cats, 24% of COVID losses to retro in 2020
German reinsurance giant Hannover Re benefited from its retrocessional protections throughout 2020, potentially ceding almost one-third of natural catastrophe losses,.. Read More
2020 a defining year for ILS as cat bonds roar back after COVID lull: Swiss Re
As insurance-linked securities (ILS) such as catastrophe bonds demonstrated their relative lack of correlation to broader financial markets again in,.. Read More
Hannover Re's P&C result hit by fourth year of above budget large losses
Global reinsurer Hannover Re fell to a loss in its property and casualty reinsurance division in 2020, as impacts from,.. Read More
Congress Passes the American Rescue Plan | Scott Insurance
The U.S. House of Representatives voted today to approve The American Rescue Plan, a $1.9 trillion coronavirus relief package. As,.. Read More
Time right for ILS to enter cyber reinsurance market: Chatterjee, Envelop Risk
The evolution of the cyber reinsurance sector has seen a significant shift in market structure to something much more palatable,.. Read More
Increased climate disclosure & ESG scrutiny to benefit re/insurers and ILS
The insurance and reinsurance sector can benefit from increased disclosure of climate-related risks and increasing scrutiny from regulators is also,.. Read More
