Catastrophe loss data aggregator PERILS AG has released its Industry Exposure Database (IED) for 2024, wh...
Hurricane season could be impactful, with forecast for Bermuda High steering west
The Weather Company and Atmospheric G2 are forecasting that the 2024 Atlantic hurricane season could be among the most active ever, while they also warn...
The Weather Company and Atmospheric G2 are forecasting that the 2024 Atlantic hurricane season could be among the most active ever, while they also warn...
Article / 16 hours ago
Florida Citizens targets $950m cat bond issuance, potential to become biggest ever
Citizens Property Insurance Corporation is seeking what could be its biggest catastrophe bond ever, with an initial target of some $950 million of notes...
Citizens Property Insurance Corporation is seeking what could be its biggest catastrophe bond ever, with an initial target of some $950 million of notes...
Article / 1 day ago
Active hurricane season forecast from NC State highlights Gulf of Mexico risk
Researchers from North Carolina State University have forecast that the 2024 Atlantic hurricane season will be an active one, with the number of named...
Researchers from North Carolina State University have forecast that the 2024 Atlantic hurricane season will be an active one, with the number of named...
Article / 3 days ago
Florida property insurers near break-even. Data suggests improvement to continue
Data suggests that Florida domestic market property insurance companies will experience improving performance, as the effects of recent legislative...
Data suggests that Florida domestic market property insurance companies will experience improving performance, as the effects of recent legislative...
Article / 10 days ago
American Coastal lifts Armor Re II Florida wind cat bond to $200m
American Coastal Insurance Company is set to upsize its new Armor Re II Ltd. (Series 2024-1) Florida named storm catastrophe bond to $200 million, while...
American Coastal Insurance Company is set to upsize its new Armor Re II Ltd. (Series 2024-1) Florida named storm catastrophe bond to $200 million, while...
Article / 10 days ago
Florida Citizens: Capital markets "especially" positive for $5.5bn reinsurance renewal
Florida’s property insurer of last resort, Citizens Property Insurance Corporation, has said that its sees market conditions as especially positive in the...
Florida’s property insurer of last resort, Citizens Property Insurance Corporation, has said that its sees market conditions as especially positive in the...
Article / 12 days ago
Tropical Storm Risk raises hurricane season forecast to "hyperactive"
Tropical Storm Risk (TSR) has today raised its forecast for the 2024 Atlantic hurricane season, now saying it expects a "hyperactive" level of activity...
Tropical Storm Risk (TSR) has today raised its forecast for the 2024 Atlantic hurricane season, now saying it expects a "hyperactive" level of activity...
Article / 12 days ago
TWIA prices new Alamo Re to be the second biggest cat bond ever at $1.4bn
The Texas Windstorm Insurance Association (TWIA) has now secured the upsized target of $1.4 billion of collateralized reinsurance from its new Alamo...
The Texas Windstorm Insurance Association (TWIA) has now secured the upsized target of $1.4 billion of collateralized reinsurance from its new Alamo...
Article / 16 days ago
CSU forecasts well-above average major hurricane landfall probability for 2024 season
Colorado State University's tropical meteorology team led by Phil Klotzbach have issued their first forecast for the 2024 Atlantic hurricane...
Colorado State University's tropical meteorology team led by Phil Klotzbach have issued their first forecast for the 2024 Atlantic hurricane...
Article / 16 days ago
TWIA lifts target for new Alamo Re cat bond again to $1.4bn
The Texas Windstorm Insurance Association (TWIA) has for a second time lifted the target size of its new Alamo Re Ltd. (Series 2024-1) catastrophe...
The Texas Windstorm Insurance Association (TWIA) has for a second time lifted the target size of its new Alamo Re Ltd. (Series 2024-1) catastrophe...
Article / 17 days ago