Record insurer profitability in 2023 and favorable 2024 treaty renewals have contributed to noticeable st...
Lloyd’s of London offers to insure NHS for unexpected costs such as pandemic - The Guardian
Head of insurance market floats idea of giving government bespoke flood and drought cover...
Head of insurance market floats idea of giving government bespoke flood and drought cover...
theguardian.com /
Article / 1 year ago
Asia Pacific
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Asia Pacific.
In this chapter of our Annual Insurance Review 2023, we look at the main developments in 2022 and expected issues in 2023 for Asia Pacific.
Article / 1 year ago
Australia COVID BI test case result can release some trapped ILS capital
The second test case in the High Court of Australia regarding the interpretation of policy wordings in business interruption policies after the...
The second test case in the High Court of Australia regarding the interpretation of policy wordings in business interruption policies after the...
Article / 2 years ago
Barbados Issues 1st Pandemic-Protected Bond, Which Also Covers Natural Disasters
Barbados has issued the world’s first government bond with a clause allowing payments to be suspended in the event of another global pandemic, a move...
Barbados has issued the world’s first government bond with a clause allowing payments to be suspended in the event of another global pandemic, a move...
Article / 2 years ago
ILS funds free COVID trapped capital through commutations: AM Best
Insurance-linked securities (ILS) fund managers have been working to free trapped capital related to possible COVID pandemic related losses in European...
Insurance-linked securities (ILS) fund managers have been working to free trapped capital related to possible COVID pandemic related losses in European...
Article / 2 years ago
Hannover Re’s mortality swap recovery hits EUR88m on COVID impacts
Hannover Re benefited from an increased recovery under its long-standing capital markets backed mortality swap arrangement by the end of the first-half of...
Hannover Re benefited from an increased recovery under its long-standing capital markets backed mortality swap arrangement by the end of the first-half of...
Article / 2 years ago
Covid trapital starts to clear up as reporting practices in spotlight
ILS managers are benefitting from the release of trapped capital as disputes over Covid coverage begin to clear, but changes to tighten up procedural terms...
ILS managers are benefitting from the release of trapped capital as disputes over Covid coverage begin to clear, but changes to tighten up procedural terms...
Article / 2 years ago
Hannover Re's capital markets mortality swap pays on COVID impact
Global reinsurance firm Hannover Re has been placing tranches of mortality swaps into the capital markets for almost a decade and in recent quarters...
Global reinsurance firm Hannover Re has been placing tranches of mortality swaps into the capital markets for almost a decade and in recent quarters...
Article / 2 years ago
ILS managers push-back on "excessive" COVID trapped capital: AM Best
Managers of insurance-linked securities (ILS) funds and other strategies are pushing back on what is seen as still excessive trapping of capital...
Managers of insurance-linked securities (ILS) funds and other strategies are pushing back on what is seen as still excessive trapping of capital...
Article / 2 years ago
The Future of Cyber (Re)insurance
In 2018, Gallagher Re (then Capsicum Re) wrote a white paper outlining an expectation that the reinsurance market will soon become redefined as PC&C...
In 2018, Gallagher Re (then Capsicum Re) wrote a white paper outlining an expectation that the reinsurance market will soon become redefined as PC&C...
Report / 2 years ago
