Porch Group, the owner of insurer Homeowners of America Insurance Company (HOA) which was impacted by the...
New Catastrophe Bond Supports Jamaica’s Fiscal Risk Mitigation
Jamaica’s (BB-/Positive) recent catastrophe (cat) bond issuance strengthens the country’s risk-mitigation strategy by providing a fiscal cushion in the event of a named storm, Fitch Ratings...
Jamaica’s (BB-/Positive) recent catastrophe (cat) bond issuance strengthens the country’s risk-mitigation strategy by providing a fiscal cushion in the event of a named storm, Fitch Ratings...
PR / 14 days ago
Fitch Maintains Construction Guarantee Fund's'BB(lka)' National IFS on Rating Watch Negative
Fitch Ratings has maintained Sri Lanka-based Construction Guarantee Fund's (CGF) National Insurer Financial Strength (IFS)...
Fitch Ratings has maintained Sri Lanka-based Construction Guarantee Fund's (CGF) National Insurer Financial Strength (IFS)...
PR / 10 months ago
Fitch Ratings Comments on Insurance Losses from Turkiye-Syria Earthquake
Most insurance payouts due to the earthquake that tragically hit Turkiye and Syria will ultimately be borne by global reinsurers, Fitch Ratings says. The earthquake...
Most insurance payouts due to the earthquake that tragically hit Turkiye and Syria will ultimately be borne by global reinsurers, Fitch Ratings says. The earthquake...
PR / 1 year ago
Recent ILS Cyber Bond Issuance Encouraging for (Re)Insurers
Two recent public announcements of cyber risk transference by (re)insurers to the capital markets through insurance-linked securities (ILS) issuances represent the potential for a broader...
Two recent public announcements of cyber risk transference by (re)insurers to the capital markets through insurance-linked securities (ILS) issuances represent the potential for a broader...
PR / 1 year ago
Hurricane Ian Fallout Will Test Cat Bond Investor Appetite
Reinsurers facing shrinking balance sheets amid rising rates and increasingly volatile catastrophic losses have effectively utilized the insurance-linked securities (ILS) market to...
Reinsurers facing shrinking balance sheets amid rising rates and increasingly volatile catastrophic losses have effectively utilized the insurance-linked securities (ILS) market to...
PR / 2 years ago