After a hearing held on Friday in the Supreme Court of Bermuda, an order has been filed that sanctions th...
Tokio Marine redeems all $200m of its Kizuna Re II 2018 cat bond
A fortnight ago we reported that Japanese insurance group Tokio Marine was set to redeem a $150 million tranche of its Kizuna Re II Ltd. (Series 2018-1)...
A fortnight ago we reported that Japanese insurance group Tokio Marine was set to redeem a $150 million tranche of its Kizuna Re II Ltd. (Series 2018-1)...
Article / 3 years ago
NCIUA returns for $100m Cape Lookout Re 2021 cat bond
The North Carolina Insurance Underwriting Association (NCIUA) is back in the catastrophe bond market with its first issuance of 2021, a currently...
The North Carolina Insurance Underwriting Association (NCIUA) is back in the catastrophe bond market with its first issuance of 2021, a currently...
Article / 3 years ago
The unexpected could drive Covid industry loss higher: Johansmeyer, ILS NYC 2021
Widespread uncertainty remains around much of the ultimate industry loss from the ongoing Covid-19 pandemic, but if...
Widespread uncertainty remains around much of the ultimate industry loss from the ongoing Covid-19 pandemic, but if...
Article / 3 years ago
Ongoing COVID-19 loss uncertainty to fuel reinsurance rates: Berenberg
One of the factors fuelling reinsurance rates as we move towards the end of year renewals and the key January 2021 contract signings is the ongoing...
One of the factors fuelling reinsurance rates as we move towards the end of year renewals and the key January 2021 contract signings is the ongoing...
Article / 3 years ago
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 and Hurricanes...
The COVID-crisis is "game-changing", according to Hannover Re executive board member Sven Althoff. He compared it to events like 9/11 and Hurricanes...
Article / 4 years ago
Twelve Capital to offer its growing UCITS cat bond fund in Aus & NZ
Twelve Capital, the Zurich headquartered insurance and reinsurance linked investment fund manager, is to expand its offering to investors in Australia and...
Twelve Capital, the Zurich headquartered insurance and reinsurance linked investment fund manager, is to expand its offering to investors in Australia and...
Article / 4 years ago
Pandemic may accelerate the ILS investor flight to quality
There is every chance that the insurance-linked securities (ILS) market continues to experience a flight to quality, when it comes to where investor...
There is every chance that the insurance-linked securities (ILS) market continues to experience a flight to quality, when it comes to where investor...
Article / 4 years ago
Palomar extends reinsurance tower to $1.4bn despite "hard" renewal
Palomar Insurance Holdings, the speciality California-based insurer that provides largely catastrophe exposed property covers, has renewed its reinsurance...
Palomar Insurance Holdings, the speciality California-based insurer that provides largely catastrophe exposed property covers, has renewed its reinsurance...
Article / 4 years ago
Massive Covid-19 losses likely, but forced claims could bankrupt: Industry CEO's
Two very senior insurance and reinsurance market leaders have warned that the sector is already facing "massive" losses from the Covid-19 coronavirus...
Two very senior insurance and reinsurance market leaders have warned that the sector is already facing "massive" losses from the Covid-19 coronavirus...
Article / 4 years ago
No evidence Covid-19 industry loss will match large catastrophe years: Flandro
Absent some kind of government intervention that forces a raft of claims into the insurance and reinsurance industry, David Flandro, Managing Director of...
Absent some kind of government intervention that forces a raft of claims into the insurance and reinsurance industry, David Flandro, Managing Director of...
Article / 4 years ago