Insured losses from Hurricane Ian to onshore property will be between $42 billion and $57 billion, with m...
Insurers face pricing pressure after Monte Carlo reinsurance discussions
Europe's insurers will face higher reinsurance rates when they renew their risk transfer arrangements in the New Year, writes David Benyon, Editor of Airmic News...
Europe's insurers will face higher reinsurance rates when they renew their risk transfer arrangements in the New Year, writes David Benyon, Editor of Airmic News...
Article / 8 hours ago
Cat bond sheets & models indicate $1.6bn to $3.6bn hurricane Ian market loss
Some further data points on the catastrophe bond market impact from hurricane Ian have come to light, in the form of pricing sheets and also some...
Some further data points on the catastrophe bond market impact from hurricane Ian have come to light, in the form of pricing sheets and also some...
Article / 9 hours ago
Ian impact on ILS funds threatens retro availability at 1.1
Escalating early industry loss estimates for Hurricane Ian are leading to concerns about another major collateral lock-up for ILS funds that had...
Escalating early industry loss estimates for Hurricane Ian are leading to concerns about another major collateral lock-up for ILS funds that had...
Article / 11 hours ago
Retro-reliant reinsurers pausing to assess Ian losses: Aon
Several key trends that were set to impact reinsurance renewals – from higher inflation-led demand to reinsurers seeking more remote risk – will...
Several key trends that were set to impact reinsurance renewals – from higher inflation-led demand to reinsurers seeking more remote risk – will...
Article / 12 hours ago
FCA raises concerns over business interruption claims handling
The Financial Conduct Authority (FCA) has raised concerns over how insurance firms have handled business interruption claims, noting several areas for...
The Financial Conduct Authority (FCA) has raised concerns over how insurance firms have handled business interruption claims, noting several areas for...
Article / 12 hours ago
US loss ratios rise on back of nat cat and secondary events - Intelligent Insurer
Liberty Mutual Reinsurance’s Jim D’Onofrio explains how severe weather and inflation are affecting prices and terms in the US market...
Liberty Mutual Reinsurance’s Jim D’Onofrio explains how severe weather and inflation are affecting prices and terms in the US market...
Article / 14 hours ago
Hilton Accuses Insurers Of Profiting From COVID-19 Pandemic - Law360
The Hilton hotel empire sued its insurers in Nevada state court for COVID-19 business interruption coverage, accusing a long list of the world's largest insurance companies of profiting from the pandemic while stiffing policyholders.
The Hilton hotel empire sued its insurers in Nevada state court for COVID-19 business interruption coverage, accusing a long list of the world's largest insurance companies of profiting from the pandemic while stiffing policyholders.
law360.com /
Article / 14 hours ago
Australia's costliest flood: Update on claims closed
Insurers have closed more than half of the insurance claims related to the catastrophic flooding in Queensland and New South Wales (NSW) in February and March 2022, according to...
Insurers have closed more than half of the insurance claims related to the catastrophic flooding in Queensland and New South Wales (NSW) in February and March 2022, according to...
Article / 16 hours ago
Guy Carpenter’s Randy Fuller Talks Florida Home Insurance Market
In this article from the Wall Street Journal, Guy Carpenter’s Randy Fuller, Florida Segment Leader, talks about how Hurricane Ian might influence the Florida home...
In this article from the Wall Street Journal, Guy Carpenter’s Randy Fuller, Florida Segment Leader, talks about how Hurricane Ian might influence the Florida home...
Article / 16 hours ago
RMS mean figure for Carolinas component of Ian tracks up to $1.9bn
RMS pushed the guidance for the Carolinas component of the Ian loss $120mn higher at the mean level up to $1.94bn, as it updated figures on Saturday in private...
RMS pushed the guidance for the Carolinas component of the Ian loss $120mn higher at the mean level up to $1.94bn, as it updated figures on Saturday in private...
Article / 1 day ago
