Articles

Insurance

California moves to bolster FAIR Plan as exposures rise 6% in Q1 alone

The state admits a ‘looming fear’ of assessments is driving out admitted carriers.   25 April 2024

Insurance

WTW lands ex-Marsh/Goldman Sachs leader to turbocharge growth in FI and banking

Appointee was managing director at Marsh, and formerly worked at AIG/Chubb.   29 April 2024

Insurance

CFC builds out transactional liability for renewable energy deals

A new dedicated team can focus on tailored coverage for risks specific to renewables.   23 April 2024

Insurance

Hurricane-prone Louisiana in clutches of rising climate risks: Moody’s

Property insurance is increasingly difficult to afford and obtain in the state.   24 April 2024

Technology

AEGIS London partners with Kayna on data-led property cover in US

The partnership to explore developing property insurance options for US borrowers.   29 April 2024

Insurance

Airlines had $8bn in aircraft assets at-risk in Dubai airport flooding

Emirates leads the list with nearly 70% of the 190 aircraft on the ground at its home hub.   22 April 2024

Insurance

Near-term, UK cyber rates may slide; mid-term it’s anybody’s guess: AJG

Capacity says rates must go down, unknown unknowns say rates could go anywhere.   22 April 2024

Alternative Risk Transfer

Jamaica secures $150m World Bank cat bond for four hurricane seasons

Its parametric structure allows for faster insurance payouts post event.   26 April 2024

Insurance

Beazley can capture US property as flows to E&S market won’t slow

Beazley takes a closer shot at E&S on shift from Lloyd’s syndicates to US onshore carrier.   29 April 2024

Reinsurance

Hiscox Re & ILS, Ariel Re launch cyber catastrophe consortium CyberShock

CyberShock is designed to ‘materially improve’ the market’s approach to cyber catastrophes.   25 April 2024

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