The insurance industry loss from October 2023's European windstorms Babet and Aline is now estimated to b...
Texas Farm Bureau gets debut Fish Pond Re cat bond at upsized $255m
First-time catastrophe bond sponsor the Texas Farm Bureau Insurance Companies has secured a strong result with its debut catastrophe bond issuance Fish
First-time catastrophe bond sponsor the Texas Farm Bureau Insurance Companies has secured a strong result with its debut catastrophe bond issuance Fish
Article / 4 months ago
Emilia-Romagna Italy flood industry loss raised another 4% to €509m by PERILS
The insurance and potentially reinsurance industry loss continues to creep higher from the severe flooding in Europe that impacted the Emilia-Romagna...
The insurance and potentially reinsurance industry loss continues to creep higher from the severe flooding in Europe that impacted the Emilia-Romagna...
Article / 5 months ago
Floodbase teams up with Ag Guard for AUS-NZ parametric flood insurance
Insurtech Floodbase has partnered with specialised crop and farm underwriting system and service provider Ag Guard to deliver parametric flood insurance
Insurtech Floodbase has partnered with specialised crop and farm underwriting system and service provider Ag Guard to deliver parametric flood insurance
Article / 6 months ago
Munich Re weather division hires Arbol's Coleman for agriculture origination
Munich Re Trading, the division of the global reinsurance firm focused on providing weather and commodity solutions, including derivatives, index...
Munich Re Trading, the division of the global reinsurance firm focused on providing weather and commodity solutions, including derivatives, index...
Article / 7 months ago
ARC & Descartes team on first Djibouti multi-peril parametric policy
The African Risk Capacity (ARC), a provider of parametric disaster insurance products, has signed a first-of-its-kind multi-year, multi-peril...
The African Risk Capacity (ARC), a provider of parametric disaster insurance products, has signed a first-of-its-kind multi-year, multi-peril...
Article / 1 year ago
IRB Brasil Re blows through top of retro tower on drought loss
Brazilian reinsurance firm IRB Brasil Re has blown through the top of its retrocession tower due to an escalating claims burden from drought and agricultural losses in the country this year....
Brazilian reinsurance firm IRB Brasil Re has blown through the top of its retrocession tower due to an escalating claims burden from drought and agricultural losses in the country this year....
Article / 2 years ago
European wildfire risk growing, but hard to adequately price: Chaucer
European wildfire risk is a growing threat to insurance and reinsurance markets, with the amount of land burned jumping...
European wildfire risk is a growing threat to insurance and reinsurance markets, with the amount of land burned jumping...
Article / 2 years ago
Madagascar gets ARC parametric drought insurance payout as well
The country of Madagascar is the latest to benefit from a payout under its parametric drought insurance coverage from the African Risk Capacity (ARC)...
The country of Madagascar is the latest to benefit from a payout under its parametric drought insurance coverage from the African Risk Capacity (ARC)...
Article / 2 years ago
Philippines looks to reinsurance & parametrics for crop scheme
The government of the Philippines is said to be looking at sources of reinsurance capital to underpin the Philippine Crop Insurance Corporation (PCIC)...
The government of the Philippines is said to be looking at sources of reinsurance capital to underpin the Philippine Crop Insurance Corporation (PCIC)...
Article / 2 years ago
Severe storms in France to drive almost EUR 1.3bn insured losses
A spate of severe weather, thunderstorms, hail and other convective effects are set to drive insurance and reinsurance market losses of...
A spate of severe weather, thunderstorms, hail and other convective effects are set to drive insurance and reinsurance market losses of...
Article / 2 years ago