PwC has refuted the “false allegations” made in an anonymous letter that surfaced on social media, accusi...
Bank at heart of Vesttoo situation grew LOC issuance significantly in 2022
The China Construction Bank (CCB), which is the main bank named in relation to the fraudulent letter of credit (LOC) scandal involving insurtech...
The China Construction Bank (CCB), which is the main bank named in relation to the fraudulent letter of credit (LOC) scandal involving insurtech...
Article / 8 months ago
Market scrambles to assess breadth of Vesttoo collateral damage
MGAs, fronting carriers, reinsurance brokers and transformer vehicles involved in Vesttoo deals are assessing potential exposures amid fallout...
MGAs, fronting carriers, reinsurance brokers and transformer vehicles involved in Vesttoo deals are assessing potential exposures amid fallout...
Article / 9 months ago
Resolute and Nayms partner on crypto-denominated industry loss warranty (ILW)
Resolute Global Partners, the insurance and reinsurance linked asset manager, has partnered with insurtech Nayms to bring to market the first industry loss...
Resolute Global Partners, the insurance and reinsurance linked asset manager, has partnered with insurtech Nayms to bring to market the first industry loss...
Article / 10 months ago
Securis signs distribution agreement with UBP
Securis Investment Partners, the London-headquartered insurance-linked securities (ILS) investment manager, has entered into a distribution agreement with Swiss private bank Union Bancaire...
Securis Investment Partners, the London-headquartered insurance-linked securities (ILS) investment manager, has entered into a distribution agreement with Swiss private bank Union Bancaire...
Article / 10 months ago
Ecuador seals record debt-for-nature swap with Galapagos bond - Reuters
Ecuador sealed the world's largest "debt-for-nature" swap on record on Tuesday, selling a new "blue bond" that will funnel at least $12 million a year into conservation of the Galapagos Islands, one of the world's most precious ecosystems.
Ecuador sealed the world's largest "debt-for-nature" swap on record on Tuesday, selling a new "blue bond" that will funnel at least $12 million a year into conservation of the Galapagos Islands, one of the world's most precious ecosystems.
reuters.com /
Article / 11 months ago
No reason insurance debt should have revalued on banking crisis: Plenum
The crisis being seen in banking sectors, most prominently with the failure of Silicon Valley Bank and sale of Credit Suisse to UBS, is not a crisis...
The crisis being seen in banking sectors, most prominently with the failure of Silicon Valley Bank and sale of Credit Suisse to UBS, is not a crisis...
Article / 1 year ago
UBS rescue deal for Credit Suisse brings it an ILS capability
Credit Suisse, which operates a major ILS platform as part of its asset management business, will be taken over by UBS after Swiss authorities engineered a deal between the two over the...
Credit Suisse, which operates a major ILS platform as part of its asset management business, will be taken over by UBS after Swiss authorities engineered a deal between the two over the...
Article / 1 year ago
World Bank Seeks to Restart Cat Bond Issuance to Boost Emerging Nations’ Resilience
The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from...
The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from...
Article / 1 year ago
Deposit Unlock passes first major stress test - Mortgage Strategy
Since the Bank of England raised interest rates to 2.25% from 1.75% on 22 September, stating it would continue to "respond forcefully, as necessary" to inflation...
Since the Bank of England raised interest rates to 2.25% from 1.75% on 22 September, stating it would continue to "respond forcefully, as necessary" to inflation...
Article / 1 year ago
Brooks: ESG-focused Sustain ILS supports evolution of maturing ILS market
Newly launched Sustain ILS is looking to foster further evolution within the ILS sector as the innovative ESG-focused platform seeks to carve out a niche in the maturing market...
Newly launched Sustain ILS is looking to foster further evolution within the ILS sector as the innovative ESG-focused platform seeks to carve out a niche in the maturing market...
Video / 2 years ago
