The devastating California wildfires have left lenders grappling with the complex issue of releasing insurance proceeds for the repair and restoration of damaged properties. As entire communities are laid to waste and property values significantly diminish, lenders face the daunting task of
January 28, 2025The landscape of fund finance is undergoing a significant transformation as the roles and influence of insurance companies evolve in unprecedented ways. This transformation, driven by the ever-increasing complexity of financial markets, has prompted a reevaluation and revision of fund finance
January 21, 2025The catastrophe bond (cat bond) and insurance-linked securities (ILS) market experienced unprecedented growth in 2024, reaching a record-breaking $49.5 billion in outstanding market value. This remarkable achievement underscores the increasing reliance on capital markets by insurers and reinsurers
January 13, 2025Stone Ridge Asset Management, a New York-based alternative risk premia investment manager, has garnered significant attention for its exceptional performance and innovative approaches in the reinsurance and insurance-linked securities (ILS) markets. Under the leadership of CEO Ross Stevens, the
January 9, 2025Arthur J. Gallagher & Co., a global insurance brokerage and risk management services firm, recently made a significant move to enhance its presence in the Chicago area by acquiring Afina Insurance Advisors Inc., a well-regarded property and casualty insurance broker based in Illinois. This
January 9, 2025The reinsurance market is poised for a period of strong financial performance through 2026, driven by a combination of factors that have reshaped the industry landscape. Despite facing significant challenges in recent years, reinsurers are expected to maintain robust returns, with a projected
January 7, 2025