The draft risk assessment released by the U.S. Environmental Protection Agency (EPA) delves into the potential human health risks associated with toxic per- and polyfluoroalkyl substances (PFAS), specifically PFOA and PFOS, which are often referred to as "forever chemicals." These chemicals have
The successful debut of Silk Road Re Limited, a catastrophe bond sponsored by Taiping Reinsurance Company (Taiping Re), marks a groundbreaking moment in the company's risk management strategy. This remarkable bond issuance from Hong Kong not only underscores Taiping Re's ambitions in diversifying
At the start of 2025, the reinsurance market witnessed significant changes, particularly in the property catastrophe treaty business and the retrocession market. The broking group Howden provided an in-depth analysis of these trends, highlighting notable price reductions and the factors driving
Munich Re, a global leader in the reinsurance market, has made headlines with the issuance of $64.5 million Series 2025-1 Class A notes through its Eden Re II 2025 sidecar. This marks the largest issuance of such notes by Munich Re since 2019, reflecting a significant milestone in the company's
The reinsurance market has entered 2025 with a significant surge in capacity and flexibility, driven by eased retrocession market conditions. This favorable environment has allowed reinsurance providers to meet the growing global demand for protection with more competitive and flexible terms. The
On December 31, 2024, Taiping Reinsurance Co., Ltd. (Taiping Re) issued Asia's first dual-peril, dual-trigger catastrophe bond, worth $35 million, in Hong Kong. This was an important milestone in the financial world because it represents a new level of sophistication in catastrophe bonds. Delivered
