September 22, 2021
September 17, 2021
September 15, 2021
September 13, 2021
September 22, 2021
September 21, 2021
September 17, 2021
The Progressive Corporation has confirmed the triggering of its excess-of-loss reinsurance cover as a result of losses incurred by hurricane Ida. The insurer notes Ida has so-far driven reported and IBNR losses of $510 million across the US Gulf Coast […]
September 8, 2021
A magnitude 7.0 earthquake has struck the Pacific coast of Mexico close to the tourist heavy area of Acapulco. At this stage, it appears the World Bank facilitated IBRD / FONDEN 2020 parametric catastrophe bond that provides the Mexican government […]
September 2, 2021
Insurance provider battlefront has announced the launch of travel insurance coverage for space tourists. The new policy is a customized offer with benefits available including accidental death and permanent dismemberment. Underwritten by certain underwriters at Lloyd’s, the policy can be […]
September 17, 2021
Insurance JournalThe Texas Department of Insurance eliminated a backlog of consumer complaints and reduced processing times by 80% as part of the agency’s ongoing modernization initiative, the regulatory agency says. “Customer service is a priority, and that hasn’t changed during the […]
September 16, 2021
Reinsurance NewsAnalysts at Berenberg believe that hardening market conditions will continue through into 2022, as reinsurers seek to earn returns above their cost of capital in the face of ultra-low interest rates, social and cost inflation as well as a prolonged […]
September 16, 2021
Reinsurance NewsAmwins Global Risks, the international arm of the global specialty insurance broker, has announced the appointment of Colm Hensman as Chief Operating Officer (COO) and Lindsey Davies as Director of Operations. Hensman joins as COO from specialist insurer Beazley, where […]
September 22, 2021
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August 27, 2021
August 26, 2021
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