Catastrophe loss data aggregator PERILS AG has released its Industry Exposure Database (IED) for 2024, wh...
Catastrophe bond market “no longer hard” – Lane Financial
The catastrophe bond hard market is over and prices have been softening since late 2023, leaving the market back close to the mean, but perhaps just beginning to dip into what Lane Financial...
The catastrophe bond hard market is over and prices have been softening since late 2023, leaving the market back close to the mean, but perhaps just beginning to dip into what Lane Financial...
Article / 14 days ago
Florida: Reforms encourage carriers, drive property insurance market improvement
The legislative reforms aimed at improving the property insurance market in Florida are increasingly seen as having a positive effect, with carriers...
The legislative reforms aimed at improving the property insurance market in Florida are increasingly seen as having a positive effect, with carriers...
Article / 2 months ago
Aon placed cyber ILS for one of the largest European corporates: Andersen
Broker Aon has successfully taken the structure it created for the first 144A cyber catastrophe bond and repurposed it to place a cyber insurance-linked
Broker Aon has successfully taken the structure it created for the first 144A cyber catastrophe bond and repurposed it to place a cyber insurance-linked
Article / 2 months ago
Vesttoo bankruptcy case: Consolidation vs segregation now the focus
As the Vesttoo bankruptcy case continues in the Delaware court, it's apparent that a difference of opinion that emerged near the beginning of the saga...
As the Vesttoo bankruptcy case continues in the Delaware court, it's apparent that a difference of opinion that emerged near the beginning of the saga...
Article / 3 months ago
Florida lawmakers debate Citizens expansion, could drive up reinsurance needs
Among the property insurance related topics up for debate in the Florida legislative session are measures that could trigger another growth surge for...
Among the property insurance related topics up for debate in the Florida legislative session are measures that could trigger another growth surge for...
Article / 3 months ago
Canada insured catastrophe losses hit C$3.1bn in 2023: CatIQ
Insured catastrophe losses in Canada reached CAN $3.1 billion for full-year 2023, putting the costly year as the fourth most expensive for the insurance...
Insured catastrophe losses in Canada reached CAN $3.1 billion for full-year 2023, putting the costly year as the fourth most expensive for the insurance...
Article / 3 months ago
Japan quake could fuel April 1 rate increases if excess layer reinsurance hit: AM Best
The damaging magnitude 7.5 earthquake that struck Japan's Ishikawa prefecture on the west coast of the main island of Honshu on New Year's Day could...
The damaging magnitude 7.5 earthquake that struck Japan's Ishikawa prefecture on the west coast of the main island of Honshu on New Year's Day could...
Article / 3 months ago
Hard reinsurance market trends to continue in 2024: BofA Securities
Analysts at BofA Securities Inc. are the latest to opine on the state of the reinsurance market and they conclude, as others have, that the hard market...
Analysts at BofA Securities Inc. are the latest to opine on the state of the reinsurance market and they conclude, as others have, that the hard market...
Article / 4 months ago
Munich Re says hard market to earn through in 2024, with higher premiums / profit
Reinsurance firms are expecting the hard market environment to earn through in 2024 in much higher profits, with Munich Re the latest to forecast a
Reinsurance firms are expecting the hard market environment to earn through in 2024 in much higher profits, with Munich Re the latest to forecast a
Article / 4 months ago
Windstorm Babet and Aline industry loss estimated at €509m by PERILS
Recent European windstorms Babet and Aline are initially estimated to have caused an insurance industry loss of around €509 million by catastrophe data...
Recent European windstorms Babet and Aline are initially estimated to have caused an insurance industry loss of around €509 million by catastrophe data...
Article / 5 months ago
