Philippine Catastrophe Insurance Facility (PCIF) means less risk ceded to reinsurers (to begin)
The Philippines will have a new private sector catastrophe insurance risk pooling facility in operation this quarter, with the initial,.. Read More
personal Insurance
US winter storm Uri insured loss to break records, may reach double-digit billions
The ongoing winter storm event in the United States, dubbed winter storm Uri, is thought likely to become the largest,.. Read More
Swiss Re reports $3.9bn of COVID, $1.7bn of catastrophe losses in 2020
Global reinsurance giant Swiss Re reported its full-year 2020 results this morning, highlighting $3.9 billion of losses from the COVID-19,.. Read More
14 Interesting Facts about the Month of February - Jack Stone Insurance Agency
Apart from being the shortest month of the year with a changing number of days, February has some more fun,.. Read More
Universal takes almost $100m Q4 hit from catastrophes & loss creep
Universal Insurance Holdings, the Florida headquartered, nationally expansive primary insurance carrier, announced last night that it has taken a nearly,.. Read More
Zaffino highlights critical evolution of AIG reinsurance program at 1/1
American International Group’s (AIG) reinsurance program has undergone a critical evolution over the last year with a range of changes,.. Read More
FEMA's new flood cat bond to settle at upsized $575m, prices down
The U.S. Federal Emergency Management Agency (FEMA) will be delighted with the outcome of its latest visit to the catastrophe,.. Read More
Cat bonds: Structurally diversifying & primed for growth, says Neuberger Berman
Catastrophe bonds and insurance-linked securities are one of the “very few genuinely, structurally diversifying asset classes,” according to the Neuberger,.. Read More
Hymans Robertson appoints Mistry for Non-Traditional pension risk transfer
Hymans Robertson LLP, the pensions and financial services consultants, is anticipating more non-traditional risk transfer for pensions, including through the,.. Read More
Did the Insurance Company Commit Bad Faith?
Most California authorities say that the “implied covenant of good faith and fair dealing” obligates the insurer to investigate, process,,.. Read More
Peak Re renewed Lion Rock Re sidecar at $107m for 2021
Hong Kong headquartered global reinsurer Peak Reinsurance Company Limited (Peak Re) has now revealed that it successfully renewed its Lion,.. Read More
