The Lloyd’s legacy business has been placed up for sale, along with other units....
Parametric covers may aid ILS support for non-PD business interruption: Guy Carp
Parametric index-style covers will likely be where the ILS market starts to get involved in non-physical damage BI...
Parametric index-style covers will likely be where the ILS market starts to get involved in non-physical damage BI...
Article / 3 years ago
EU and UK cat damages left by climate change could double by 2050: Eiopa
Climate-related EU and UK cat damages could almost double to more than EUR45bn ($53.3bn) by 2050 if temperatures rise by 1.5°C...
Climate-related EU and UK cat damages could almost double to more than EUR45bn ($53.3bn) by 2050 if temperatures rise by 1.5°C...
Article / 3 years ago
Climate change impact on Storm Uri unclear: experts
The extent to which climate change could have been a factor in Storm Uri, which rocked Texas...
The extent to which climate change could have been a factor in Storm Uri, which rocked Texas...
Article / 3 years ago
Storm Uri markdowns wipe +$220mn from Caelus, Sanders and ResRe bonds
Pricing on multiple annual aggregate cat bonds issued by Nationwide, Allstate and USAA has been affected...
Pricing on multiple annual aggregate cat bonds issued by Nationwide, Allstate and USAA has been affected...
Article / 3 years ago
FedNat expects $41mn in Uri losses, reports Q4 underwriting loss driven by catastrophes
FedNat’s underwriting loss deepened in the fourth quarter, after pre-tax catastrophe losses swelled to $31mn from $4.5mn last year...
FedNat’s underwriting loss deepened in the fourth quarter, after pre-tax catastrophe losses swelled to $31mn from $4.5mn last year...
Article / 3 years ago
Big Freeze loss: Where will ILS markets watch for exposure as loss fears rise?
The Big Freeze that has hit Texas following Storm Uri will be one of the largest US winter storm losses on record...
The Big Freeze that has hit Texas following Storm Uri will be one of the largest US winter storm losses on record...
Article / 3 years ago
Heritage slips to $5.2mn Q3 loss on $47mn weather claims
Heritage Insurance reported a $5.2mn Q3 loss on $47.3mn of weather losses that were...
Heritage Insurance reported a $5.2mn Q3 loss on $47.3mn of weather losses that were...
Article / 3 years ago
Natural Disaster Fund $100mn deal pipeline expected to double
Developing world insurance specialist Global Parametrics has risk transfer deals worth $100mn of limit in the pipeline...
Developing world insurance specialist Global Parametrics has risk transfer deals worth $100mn of limit in the pipeline...
Article / 5 years ago
New Pacific Alliance cat bond to cover extreme weather
The World Bank is working on a second South American cat bond which will provide protection against extreme weather events, according to sources...
The World Bank is working on a second South American cat bond which will provide protection against extreme weather events, according to sources...
Article / 5 years ago
Alabama tornadoes cause ‘catastrophic’ damage
One storm was classified as an EF-3 which means wind speeds of up to 165 mph (266 km/h) have been recorded...
One storm was classified as an EF-3 which means wind speeds of up to 165 mph (266 km/h) have been recorded...
Article / 5 years ago