Cedants increasingly favour catastrophe bonds, Moody's survey finds
Reinsurance cedants and buyers are increasingly looking to catastrophe bonds as options for accessing alternative sources of reinsurance capital, a,.. Read More
personal Insurance
2020 could be one of the "costliest years" for re/insurers: Althoff, Hannover Re
The COVID-crisis is “game-changing”, according to Hannover Re executive board member Sven Althoff. He compared it to events like 9/11,.. Read More
Hurricane Sally expected to drive significant NFIP flood losses: A.M. Best
Hurricane Sally’s extreme rainfall and storm surge are expected to drive significant insured losses for the National Flood Insurance Program,.. Read More
Physical Damage Can Occur From An Unknown Substance That Shuts Down a Business or Conditions That Make a Structure Useless | Property Insurance Coverage Law Blog | Merlin Law Group
The physical damage requirement to property at an insured premise has become the raging debate in many of the Covid-19,.. Read More
Progressive in $80m reinsurance recovery for August cat losses
Auto and property insurance focused Progressive Corporation recovered $80 million from its reinsurance in August, after the impacts of catastrophe,.. Read More
FEMA begins 2021 flood reinsurance renewal process, may upsize program
The U.S. Federal Emergency Management Agency (FEMA) is back in the reinsurance market and seeking expressions of interest to participate,.. Read More
Paskin and Butt named CEO's of Convex Re (Bermuda) & Convex Insurance UK
Convex Group, the specialty insurance and reinsurance company founded by Stephen Catlin, has named two new CEO’s of its core,.. Read More
Allstate's cat losses hit $985m in August on hurricanes Laura & Isaias
U.S. primary insurance giant Allstate has reported the highest monthly total of catastrophe losses it has suffered for some time,,.. Read More
What If Im Late With My Auto Insurance Payment?
If you’re late with an auto insurance payment, be sure you’re ready for the fees and potential repercussions of doing,.. Read More
Aon + WTW to "extend proven model of catastrophe bonds" - CEO's Case & Haley
The impending combination of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW) will aim to “extend the,.. Read More
Hurricane Sally losses preliminarily estimated at $1.5bn to $3.9bn by AIR
According to our industry sources, a preliminary estimate of insurance and reinsurance market losses from hurricane Sally has been pegged,.. Read More
ILS fund subrogation benefits from PG&E may take a year to flow
While Pacific Gas and Electricity (PG&E), the wildfire stricken Californian electrical utility, made its $11 billion of subrogation payments in,.. Read More
