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...
- Trading Risk / Article / 3 months ago
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Heritage Insurance reported a $5.2mn Q3 loss on $47.3mn of weather losses that were...
Developing world insurance specialist Global Parametrics has risk transfer deals worth $100mn of limit in the pipeline...
The World Bank is working on a second South American cat bond which will provide protection against extreme weather events, according to sources...
One storm was classified as an EF-3 which means wind speeds of up to 165 mph (266 km/h) have been recorded...
Africa's first parametric catastrophe insurance pool, African Risk Capacity (ARC), is to expand to around $192mn, with Willis Re placing $70mn with the reinsurance market...