May 22, 2023
May 25, 2023
The pace of catastrophe bond issuance has continued to accelerate through recent weeks and according to Artemis’ data the cat bond market is now on a record-setting pace in 2023, with around $8.43 billion of cat bond and related ILS […]
May 18, 2023
An aircraft leasing company is pursuing an $80 million claim for commercial airplanes lost in Russia following the invasion of Ukraine, despite the claimant never having seen the relevant policy documents. Shearwater Aircraft Leasing made the claim, which relates to […]
May 12, 2023
Gillian Davidson, Global Insurance Law Connect’s (GILC) Chair, highlighted the increasing importance of Environmental, Social, and Governance (ESG) considerations for insurers and the wider business community. In the fifth edition of GILC’s annual ‘Risk Radar Report’, Davidson noted that ESG […]
May 19, 2023
Artemis BMFlorida’s Citizens Property Insurance Corporation has now secured $750 million of named storm reinsurance protection for the 2023 hurricane season with this dual-series issuance of Everglades Re II Ltd. (Series 2023-1 & 2023-2) notes, with the prices fixed within the […]
May 17, 2023
Insurance JournalAn attorney with one of Florida’s largest insurance defense firms must pay more than $100,000 in sanctions after deliberately trying to sabotage a medical malpractice suit in order to win a mistrial, a Florida appeals court has decided. The 6th […]
May 17, 2023
Insurance JournalWefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its technology available to other insurers. JPMorgan Chase & Co. and Barclays Plc provided half the funds as a revolving credit […]