Lucy Jones

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Palomar decides against renewing Torrey Pines Re cat bond

The earthquake insurer returned to the traditional market for cover, citing less favourable ILS pricing and terms and conditions.

Lucy Jones, 07 May 2020
University of Illinois awaits possible pandemic policy payout

The university bought cover for the 2017-2020 academic years, paying $424,000 a year in premiums, CNBC reports.

Lucy Jones, 06 May 2020
Allstate adds $121mn to $4.5bn cat treaty

The insurer's Q1 cat losses dropped by more than two thirds.

Lucy Jones, 06 May 2020
Hannover Re cedes a third of Q1 cats to retro partners

The carrier took a separate EUR220mn charge connected to Covid-19 losses.

Lucy Jones, 06 May 2020
Mercer expands risk transfer team with Stone hire

Based in London, Ben Stone will advise clients on longevity swaps as well as other strategies.

Lucy Jones, 05 May 2020
Heritage reports $17mn cat losses in Q1

Losses stemmed largely from February hail, tornado and wind events in the southeastern US.

Lucy Jones, 05 May 2020