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Cumulus Re is the first-ever cat bond to cover losses arising from sustained cloud outage. 15 April 2024
Insurance
To-date payments puts the New Year’s event in 7th place on the Japanese earthquake ranking. 22 April 2024
Insurance
The British isles took the brunt of the storms at £474m, chiefly flood damage. 22 April 2024
Alternative Risk Transfer
The carrier worked via Armor Re, marshalled for issuance of the United Insurance group. 19 April 2024
Insurance
Lloyd’s & Arch also deny application of ICBR clause and further contest limits. 19 April 2024
Alternative Risk Transfer
ILS funds and hedgies from the US and Europe led the World Bank/IBRD deal. 18 April 2024
Insurance
The promotion reveals a drive for profitable expansion in Asia, London and the US. 18 April 2024
Insurance
Current margin looks ‘unsustainable’ as market competition ‘intensifies.’ 18 April 2024
Insurance
The 35-year Pro-Fin vet brings pedigrees from Western World, Travelers, TM HCC, and USI. 19 April 2024
Insurance
The Aspen and Axis Re vet tapped Chaucer insiders, advancing modelling & risk gurus. 17 April 2024
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