An NFP Corp. unit Wednesday sued Alliant Insurance Services Inc. alleging the rival brokerage poached 19 ...
American Coastal lifts Armor Re II Florida wind cat bond to $200m
American Coastal Insurance Company is set to upsize its new Armor Re II Ltd. (Series 2024-1) Florida named storm catastrophe bond to $200 million, while...
American Coastal Insurance Company is set to upsize its new Armor Re II Ltd. (Series 2024-1) Florida named storm catastrophe bond to $200 million, while...
Article / 8 days ago
TWIA prices new Alamo Re to be the second biggest cat bond ever at $1.4bn
The Texas Windstorm Insurance Association (TWIA) has now secured the upsized target of $1.4 billion of collateralized reinsurance from its new Alamo...
The Texas Windstorm Insurance Association (TWIA) has now secured the upsized target of $1.4 billion of collateralized reinsurance from its new Alamo...
Article / 14 days ago
Florida Peninsula and Edison drop pricing by 4% on Palm Re bond
The bond offers named storm coverage in Florida. Florida Peninsula Insurance (FPI) and Edison Insurance (Edison) have dropped the pricing...
The bond offers named storm coverage in Florida. Florida Peninsula Insurance (FPI) and Edison Insurance (Edison) have dropped the pricing...
Article / 14 days ago
TWIA lifts target for new Alamo Re cat bond again to $1.4bn
The Texas Windstorm Insurance Association (TWIA) has for a second time lifted the target size of its new Alamo Re Ltd. (Series 2024-1) catastrophe...
The Texas Windstorm Insurance Association (TWIA) has for a second time lifted the target size of its new Alamo Re Ltd. (Series 2024-1) catastrophe...
Article / 15 days ago
AccuWeather forecasts above average US impacts in 2024 hurricane season
The 2024 Atlantic hurricane season could result in an above average number of direct impacts to the United States, with the Texas coast, Florida...
The 2024 Atlantic hurricane season could result in an above average number of direct impacts to the United States, with the Texas coast, Florida...
Article / 16 days ago
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 / 21 days 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 / 22 days 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 / 1 month 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 / 1 month 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 / 1 month ago