Palomar expects reinsurance recoveries for winter storm Uri
Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, has said that it expects its,.. Read More
personal Insurance
AXA lowers US hurricane, quake & aggregate reinsurance retentions at renewal
Global insurance and reinsurance group AXA has reduced its exposure to peak U.S. natural catastrophe events at the January 2021,.. Read More
Multi-District Litigation Policyholders Win a Business Interruption Coverage Battle Over "Direct Physical Loss"
Courts across the country have split on the key COVID-19 coverage question of whether a policyholder’s inability to fully operate,.. Read More
Winter storm Uri insured loss seen up to $20bn: Fitch
Property and casualty insurers in the United States are facing record levels of first-quarter catastrophe losses due to the severe,.. Read More
AXA XL saw reinsurance renewal price increases rise 50% YoY
AXA XL, the commercial property & casualty insurance and reinsurance arm of the AXA Group, saw a significant increase in,.. Read More
Munich Re forecasts positive April & July renewals with growth opportunities
Global reinsurance giant Munich Re is bullish about the upcoming April and mid-year renewal seasons in 2021, forecasting a positive,.. Read More
Aon hires Foley from Aspen, Radford from Securis for Capital Management roles
Aon’s Reinsurance Solutions division has announced two key hires in its Capital Management units in Bermuda and London, with Marcus,.. Read More
Arbol taps machinery sensors for parametric crop insurance triggers
Arbol, the provider of marketplace technology supporting parametric risk transfer or weather insurance and that utilises smart contracts, has provided,.. Read More
Reinsurance prices must rise further to provide adequate returns: Moody's
The reinsurance market is not in a hard market and in fact rate increases seen at the January 2021 renewal,.. Read More
Hong Kong's ILS grant scheme to cover ~US $1.6m of issuance costs
Hong Kong’s Government has revealed some of the details of its proposed insurance-linked securities (ILS) grant scheme, through which it,.. Read More
Is Citizens Property Insurance Giving You a Hard Time with Your Insurance Claim? Here Is Why, Based on Statistics Provided by Citizens Claims Management
The Citizens Property Insurance claims management provided a number of reports to the Citizens Board of Governors yesterday. For readers,.. Read More
