Global reinsurance company Swiss Re continued to expand its business at the recent April renewals, underw...
Palomar set for $415m of quake reinsurance from largest Torrey Pines cat bond yet
Palomar Insurance Holdings now looks set to secure its largest catastrophe bond ever, as the Torrey Pines Re Ltd. (Series 2024-1) issuance is likely to...
Palomar Insurance Holdings now looks set to secure its largest catastrophe bond ever, as the Torrey Pines Re Ltd. (Series 2024-1) issuance is likely to...
Article / 3 days ago
Florida Citizens secures $1.1bn of reinsurance with new Everglades Re cat bond
Citizens Property Insurance Corporation, the property insurer of last resort for the state of Florida, has now finalised its new catastrophe bond...
Citizens Property Insurance Corporation, the property insurer of last resort for the state of Florida, has now finalised its new catastrophe bond...
Article / 4 days ago
Florida Citizens budget for 2024 cat bonds & reinsurance lifts to $750m max
Florida's Citizens Property Insurance Corporation, the insurer of last resort that is currently in the catastrophe bond market with a new issuance...
Florida's Citizens Property Insurance Corporation, the insurer of last resort that is currently in the catastrophe bond market with a new issuance...
Article / 5 days ago
Florida Citizens sets up to $1.25bn target for new Everglades catastrophe bond
Citizens Property Insurance Corporation has increased the targeted amount of reinsurance it is seeking from its latest catastrophe bond to as much as...
Citizens Property Insurance Corporation has increased the targeted amount of reinsurance it is seeking from its latest catastrophe bond to as much as...
Article / 6 days ago
AmCoastal extends reinsurance tower to $1.2bn thanks to new cat bond: CEO
Thanks to the recent successful issuance of its latest catastrophe bond, American Coastal Insurance (AmCoastal) has extended the top exhaustion point of...
Thanks to the recent successful issuance of its latest catastrophe bond, American Coastal Insurance (AmCoastal) has extended the top exhaustion point of...
Article / 9 days ago
Texas Windstorm (TWIA) ready to sign reinsurance renewal lines this week
Having already secured its largest ever catastrophe bond issue this year, the Texas Windstorm Insurance Association (TWIA) is now ready to sign lines for...
Having already secured its largest ever catastrophe bond issue this year, the Texas Windstorm Insurance Association (TWIA) is now ready to sign lines for...
Article / 12 days ago
ECMWF calls for 13 Atlantic hurricanes in full 2024 Atlantic season outlook
The European Centre for Medium-Range Weather Forecasts, or ECMWF, has now released its outlook for the full 2024 Atlantic hurricane season, calling for 23
The European Centre for Medium-Range Weather Forecasts, or ECMWF, has now released its outlook for the full 2024 Atlantic hurricane season, calling for 23
Article / 13 days ago
At $2.1bn, cat bonds will be TWIA's biggest source of funding for 2024
For 2024, the funding tower of residual market insurer the Texas Windstorm Insurance Association (TWIA) will see catastrophe bonds as its largest...
For 2024, the funding tower of residual market insurer the Texas Windstorm Insurance Association (TWIA) will see catastrophe bonds as its largest...
Article / 16 days ago
Allstate to write in California when it can price for cat models & reinsurance costs
US insurer Allstate has said that it will resume underwriting policies in California once new regulation has been enacted that allows it to price...
US insurer Allstate has said that it will resume underwriting policies in California once new regulation has been enacted that allows it to price...
Article / 23 days ago
Universal finalises renewal with more multi-year reinsurance, expanded panel: CEO
Universal Insurance Holdings, the Florida headquartered insurer, has already completed its June reinsurance renewal and its CEO said that the company...
Universal Insurance Holdings, the Florida headquartered insurer, has already completed its June reinsurance renewal and its CEO said that the company...
Article / 23 days ago