Stocks
-
Investors, fund managers and service providers are adapting in the face of potential large losses from secondary perils. -
The cover changed from cascading aggregate to an occurrence-based structure.
-
CEO Kathleen Reardon said recent legislative changes are a ‘band aid’ but will help to calm the stressed Florida market.
-
This is UPC’s latest attempt to downsize after offloading part of its personal lines business to HCI.
-
Markel Catco reported a small gain for its February result on 2019 side pocket releases, ahead of its early buyout of investors.
-
It is also Core Specialty’s first entry to the cat bond market.
-
The issuance is seeking US named storm cover for Core Specialty companies.
-
The specialty P&C carrier is offering high single-digit rates for the cover.
-
Global reinsurance capital grew by 3.8% last year, according to Aon’s analysis of 22 reinsurers.
-
The executive has worked for Beazley for almost 16 years.
-
Lee Shavel, the current CFO, was made CEO, Mark Anquillare was made president and three new members were appointed to the board.
-
This is the second cat bond lite from Ocorian this year.
