The Lloyd’s legacy business has been placed up for sale, along with other units....
Zenkyoren secures $150mn of Japanese quake coverage
The final pricing has settled toward the midpoint of the initially guided range of 225-250bps....
The final pricing has settled toward the midpoint of the initially guided range of 225-250bps....
Article / 1 month ago
NZ Super Fund shrinks ILS allocation by 5% to $607mn as cat bond holdings grow
The New Zealand Super Fund has decreased its ILS allocation by roughly 5% in US dollar terms to NZ$989mn ($607mn) in the year to 30 June, from NZ$1,028bn the...
The New Zealand Super Fund has decreased its ILS allocation by roughly 5% in US dollar terms to NZ$989mn ($607mn) in the year to 30 June, from NZ$1,028bn the...
Article / 7 months ago
Mexico cat bond on watch after Otis’ landfall
Hurricane Otis has made landfall as a Category 5 storm near Acapulco, Mexico, with its minimum central pressure of 923 millibars (mb) putting the World Bank’s 2020 Class D notes at...
Hurricane Otis has made landfall as a Category 5 storm near Acapulco, Mexico, with its minimum central pressure of 923 millibars (mb) putting the World Bank’s 2020 Class D notes at...
Article / 7 months ago
Mexican cat bond on watch after Lidia’s landfall
Cat bond investors will be waiting for official data from Verisk to see if Hurricane Lidia will trigger any payout under the Mexican government cat bond, which has $125mn of cover available for...
Cat bond investors will be waiting for official data from Verisk to see if Hurricane Lidia will trigger any payout under the Mexican government cat bond, which has $125mn of cover available for...
Article / 7 months ago
Cat renewals will shift to more neutral phase in 2024: Guy Carpenter chairman
Guy Carpenter chairman David Priebe has told this publication that he expected the property market to be in a “relatively neutral position” for 1 January renewals,...
Guy Carpenter chairman David Priebe has told this publication that he expected the property market to be in a “relatively neutral position” for 1 January renewals,...
Article / 11 months ago
New Zealand floods to trigger Tower’s $649mn cat coverage
New Zealand floods to trigger Tower’s $649mn cat coverage...
New Zealand floods to trigger Tower’s $649mn cat coverage...
Article / 1 year ago
Breaking the binary: How thinking is evolving on primary and secondary perils
Winter storms, floods and wildfires cause billions of dollars of insured losses and affect multitudes of people’s lives...
Winter storms, floods and wildfires cause billions of dollars of insured losses and affect multitudes of people’s lives...
Article / 2 years ago
Robertson quits role as property treaty underwriter at Antares
Tom Robertson is stepping down as property treaty class underwriter at Antares Managing Agency after seven years, Trading Risk understands...
Tom Robertson is stepping down as property treaty class underwriter at Antares Managing Agency after seven years, Trading Risk understands...
Article / 2 years ago
Hurricane season dominated by 'weak and short-lived' storms: BMS
The 2021 Atlantic hurricane season produced 21 named storms, the third-highest number in history, according to BMS Group’s 2021 Atlantic Hurricane Season Insurance Industry Takeaways...
The 2021 Atlantic hurricane season produced 21 named storms, the third-highest number in history, according to BMS Group’s 2021 Atlantic Hurricane Season Insurance Industry Takeaways...
Article / 2 years ago
UBS: European flooding to erode reinsurer Q3 budgets
Ongoing European flooding will be a “sizeable natural catastrophe” loss for the industry and will eat significantly into reinsurers’ Q3 cat budgets...
Ongoing European flooding will be a “sizeable natural catastrophe” loss for the industry and will eat significantly into reinsurers’ Q3 cat budgets...
Article / 3 years ago