The Lloyd’s legacy business has been placed up for sale, along with other units....
Legacy firm Fleming Re targets variable duration deals as casualty ILS differentiator
Fleming Re, which has hired Samir Khare as head of casualty ILS solutions, believes its differentiator in the nascent casualty ILS space is in offering products that allow investors...
Fleming Re, which has hired Samir Khare as head of casualty ILS solutions, believes its differentiator in the nascent casualty ILS space is in offering products that allow investors...
Article / 2 years ago
‘Casualty is the new cat risk’: Shah
Ledger Investing raised roughly $150mn from its first pension fund investment commitment after setting up the Nanorock fund earlier this year...
Ledger Investing raised roughly $150mn from its first pension fund investment commitment after setting up the Nanorock fund earlier this year...
Article / 2 years ago
Florida carriers record fewer litigated claims for second month
New litigated claims for Florida P&C insurers dropped by 9% to 3,909 in September, CaseGlide said...
New litigated claims for Florida P&C insurers dropped by 9% to 3,909 in September, CaseGlide said...
Article / 3 years ago
R&Q assumes £75mn QBE liability risks from Armour
Randall & Quilter (R&Q) has completed a deal to take over more than £75mn ($106.1mn) of reserves relating...
Randall & Quilter (R&Q) has completed a deal to take over more than £75mn ($106.1mn) of reserves relating...
Article / 3 years ago
California subrogation payout gains will disperse widely
California utilities have paid out over $12bn in subrogation payments tied to destructive wildfires in 2017 and 2018, but now with the bulk of recoveries done, remaining...
California utilities have paid out over $12bn in subrogation payments tied to destructive wildfires in 2017 and 2018, but now with the bulk of recoveries done, remaining...
Article / 4 years ago
Casualty market rate pressure picks up
Social inflation is more than just a byword for Hurricane Irma loss creep in the Florida catastrophe market – it is also the talking point of the hardening...
Social inflation is more than just a byword for Hurricane Irma loss creep in the Florida catastrophe market – it is also the talking point of the hardening...
Article / 4 years ago
Dicing up PG&E’s $11bn wildfire payout
It will be many months before the $11bn payout agreed between Pacific Gas and Electric Company (PG&E) filters through to the (re)insurance and...
It will be many months before the $11bn payout agreed between Pacific Gas and Electric Company (PG&E) filters through to the (re)insurance and...
Article / 4 years ago
PG&E paid $26.8mn for Cal Phoenix Re bond
The beleaguered Californian utility’s innovative $200mn wildfire liability catastrophe bond cost the company $26.8mn...
The beleaguered Californian utility’s innovative $200mn wildfire liability catastrophe bond cost the company $26.8mn...
Article / 5 years ago
CalFire clears PG&E of Tubbs Fire liability
The utility still faces investigation for this year’s Camp Fire...
The utility still faces investigation for this year’s Camp Fire...
Article / 5 years ago