-
Cat programmes have been completed this year, but a heavy hurricane season could shake up the market, the broker said. -
The Monetary Authority is also exploring initiatives to support pandemic, cyber and climate ILS, an official says.
-
The regulator says that the losses were caused by a “jigsaw” of events that should be considered as a whole.
-
Insurance bodies including APCIA and NAMIC strongly oppose the draft legislation.
-
The ILS manager is discussing public solutions and expects demand to emerge.
-
The claims emanate from 14 weather events and amount to $12.8mn on an after-tax basis.
-
Several US states were hit by tornadoes, heavy rainfall and large hail in July.
-
Bushfire losses make up just over 40 percent of the total claims bill.
-
Regulators have remained responsive despite the Covid-19 pandemic, according to the Obsidian CEO.
-
The Calgary hailstorm in mid-June could become the fourth-costliest nat cat event in Canadian history.
-
The leadership shake-up comes after Gallagher completed its purchase of the company in January.
-
The carrier’s plan would provide up to $750bn in pandemic cover for small businesses and $400bn for large enterprises.
Most Recent
