The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollar...
Florida Peninsula now targets upsized $150m Palm Re cat bond at lower pricing
Florida Peninsula Insurance Company, one of the latest first time sponsors to enter the catastrophe bond market, is now seeking...
Florida Peninsula Insurance Company, one of the latest first time sponsors to enter the catastrophe bond market, is now seeking...
Article / 10 hours ago
Pricing drops 9% on SureChoice and Elevate Gateway Re deal
The carriers are seeking $130mn of Class C named storm coverage....
The carriers are seeking $130mn of Class C named storm coverage....
Article / 1 day ago
ILW market activity rising, as preparations for hurricane season begin
According to Artemis' sources, activity in the industry-loss warranty (ILW) market has increased in the last few weeks, as reinsurance and...
According to Artemis' sources, activity in the industry-loss warranty (ILW) market has increased in the last few weeks, as reinsurance and...
Article / 10 days ago
Everest trims hurricane Ian cat bond recovery expectation
Having previously begun reporting an estimation it would receive up to $30 million in reinsurance recoveries from its Kilimanjaro Re catastrophe...
Having previously begun reporting an estimation it would receive up to $30 million in reinsurance recoveries from its Kilimanjaro Re catastrophe...
Article / 10 days ago
Florida Citizens to target fresh $1bn-$1.5bn cat bond
The state carrier is moving to redeem its 2022 Everglades issuance a year early....
The state carrier is moving to redeem its 2022 Everglades issuance a year early....
Article / 12 days ago
Texas Windstorm (TWIA) targets $600m Alamo Re catastrophe bond
The Texas Windstorm Insurance Association (TWIA), the residual market property insurer for the State of Texas, has returned to the catastrophe bond...
The Texas Windstorm Insurance Association (TWIA), the residual market property insurer for the State of Texas, has returned to the catastrophe bond...
Article / 16 days ago
American Coastal seeks $150m Armor Re II Florida named storm cat bond
American Coastal Insurance Company, which is the main entity of what was the United Insurance Holdings group, is back in the catastrophe bond market...
American Coastal Insurance Company, which is the main entity of what was the United Insurance Holdings group, is back in the catastrophe bond market...
Article / 16 days ago
Insider US in Full: Early view on 6.1 renewals: A supply and demand tug-of-war
Florida reinsurance buyers are starting their renewal discussions well in advance of the June 1 start to the hurricane season this year...
Florida reinsurance buyers are starting their renewal discussions well in advance of the June 1 start to the hurricane season this year...
Article / 16 days ago
Palm Re Ltd. (Series 2024-1)
This is a debut catastrophe bond from P&C insurer Florida Peninsula Insurance Company, which is seeking a capital markets backed source of collateralized...
This is a debut catastrophe bond from P&C insurer Florida Peninsula Insurance Company, which is seeking a capital markets backed source of collateralized...
Article / 16 days ago
NCIUA gets Cape Lookout Re 2024-1 cat bond at upsized $450m, with low-end pricing
The North Carolina Insurance Underwriting Association (NCIUA) has successfully upsized its latest catastrophe bond transaction by 80%, securing the...
The North Carolina Insurance Underwriting Association (NCIUA) has successfully upsized its latest catastrophe bond transaction by 80%, securing the...
Article / 17 days ago