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Martha Muir
Reporter
Published by this author:
Wildfires, severe weather mark mid-May events: Aon
Severe convective storms in the US caused hundreds of millions of losses, while a small number of expensive homes in California were hit by a wildfire
Martha Muir
,
13 May 2022
Louisiana Citizens seeking $100mn of cover in Catahoula II Re cat bond
It is offering a significantly higher premium than prior-year cat bonds from the state insurer, after it stands to gain $135mn from cat bond payouts linked to Hurricane Ida.
Martha Muir
,
12 May 2022
Litigated claims up 3% in Florida in April, extending a three-month increase
Notices of intent to file lawsuits fell 12%, the first time such notices have fallen since July.
Martha Muir
,
11 May 2022
Most Bermuda insurers use ‘simplified’ cat models for long-term climate risk
In a survey report, the BMA warned that such “fallback” solutions failed to measure specific geographic features affected by climate change.
Martha Muir
,
11 May 2022
FedNat has debt ratings withdrawn and reports $31.3mn loss
The company previously had its Demotech rating downgraded from 'A' to 'S'.
Martha Muir
,
10 May 2022
UPC lines up 75% of shrinking $2.2bn reinsurance programme
UPC recorded a $33.2mn loss in Q1, with a 30.9% drop in net premiums earned.
Martha Muir
,
10 May 2022
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