Above average severe convective storm activity has defined 2024 to date...
Kin lifts Florida reinsurance tower 16% to $1bn, gets $140m for other states
Kin Insurance has increased the amount of catastrophe reinsurance limit it will have in-force for the hurricane season by 16% for Florida risk alone...
Kin Insurance has increased the amount of catastrophe reinsurance limit it will have in-force for the hurricane season by 16% for Florida risk alone...
Article / 6 days ago
Where the cat market stands as the weathermen cry doom
Reinsurers are much better placed to absorb cat losses; insurers are carrying more risk....
Reinsurers are much better placed to absorb cat losses; insurers are carrying more risk....
Article / 6 days ago
Everest seeks $150mn of storm and quake coverage
The bond is split across Class A and Class B notes that have different levels of risk....
The bond is split across Class A and Class B notes that have different levels of risk....
Article / 11 days ago
Ariel Re pulls Titania cat bond issuance due to market pricing: Sources
We're told by sources that global reinsurance player Ariel Re has opted to pull its latest catastrophe bond issuance as a response to the dynamic and
We're told by sources that global reinsurance player Ariel Re has opted to pull its latest catastrophe bond issuance as a response to the dynamic and
Article / 18 days ago
June renewals - Slightly less-excellent reinsurance returns ahead: KBW
With catastrophe reinsurance pricing expected to be largely flat to slightly down at the upcoming June 1st reinsurance renewals and little change expected...
With catastrophe reinsurance pricing expected to be largely flat to slightly down at the upcoming June 1st reinsurance renewals and little change expected...
Article / 25 days ago
TWIA wants to reduce reinsurance as proportion of funding going forwards
The staff of the Texas Windstorm Insurance Association (TWIA) is set to recommend lawmakers consider a variety of ways to reduce its reinsurance purchases...
The staff of the Texas Windstorm Insurance Association (TWIA) is set to recommend lawmakers consider a variety of ways to reduce its reinsurance purchases...
Article / 25 days ago
SafePoint, Cajun and Manatee tap cat bond market for $75mn of wind cover
The four-year deal will be the second Nature Coast Re bond issuance....
The four-year deal will be the second Nature Coast Re bond issuance....
Article / 26 days ago
ILS share of hard-market 2023 Florida renewal held stable with cat bond growth
Traditional reinsurers such as Berkshire Hathaway and Arch pushed for more share, our annual study of Florida cessions shows....
Traditional reinsurers such as Berkshire Hathaway and Arch pushed for more share, our annual study of Florida cessions shows....
Article / 28 days ago
Palomar set for $415m of quake reinsurance from largest Torrey Pines cat bond yet
Palomar Insurance Holdings now looks set to secure its largest catastrophe bond ever, as the Torrey Pines Re Ltd. (Series 2024-1) issuance is likely to...
Palomar Insurance Holdings now looks set to secure its largest catastrophe bond ever, as the Torrey Pines Re Ltd. (Series 2024-1) issuance is likely to...
Article / 1 month ago
Citizens gives approval to $5.5 billion reinsurance strategy
Citizens Property Insurance Corporation has unveiled its $5.5 billion reinsurance strategy for 2024, designed to manage...
Citizens Property Insurance Corporation has unveiled its $5.5 billion reinsurance strategy for 2024, designed to manage...
Article / 1 month ago