Trading Risk has swiftly become the leading title covering the convergence of the (re)insurance industry with the capital markets. Trading Risk provides insight and intelligence on all aspects of the trading of insurance-related risk.
Citizens Property Insurance is to seek board approval to add 10 percent to its targeted reinsurance spend, taking its budgeted premium outlay to $110mn for the 2019 hurricane season...
The Bermuda Monetary Authority is proposing to introduce a new class of collateralised reinsurance vehicles that would have more flexibility over their...
The ratings agency has warned that, if reinsurers and ILS fund managers fail to price differentiate among carriers, they will contribute to the commoditisation of catastrophic risk...
The reimbursement level for loss adjustment expenses (LAE) under the Florida Hurricane Catastrophe Fund scheme could rise from 5 to 10...
CEO Downes stressed it was too early to say how the new law will impact insurance pricing...
The passing of the AOB bill reduces the rate need in Florida from 25.2 percent to 10.1 percent for homeowners policyholders, said Citizens...
The issue of collateral rollover “keeps coming up” in applications for new UK ILS transactions, with assurances needed that assets will not be counted twice, said the PRA’s Gareth Truran...
In total five senators voted in favour of the bill progressing while three voted against...
Regulatory investigations can move at a snail’s pace...
The Prudential Regulation Authority (PRA) has said it will re-engage with the ILS industry in 2019 to gather feedback on the first year of implementation of the UK’s ILS legislation, with a view to improving...
