-
The $20mn class C layer of Florida insurer Safepoint's Manatee Re 2016-1 cat bond looks to have triggered following the insurer's release of an event report which put its Irma losses at $100mn, sources said.
-
The $20mn class C layer of Safepoint's Manatee Re 2016-1 cat bond looks to have triggered following the insurer's release of an events report which put Irma-induced losses at $100mn.
-
Insured losses stemming from Hurricane Maria's hit on Puerto Rico could be significant for the (re)insurance market as the US territory has relatively high levels of cover.
-
The 19 September earthquake that struck central Mexico will produce low single-digit billion dollar losses for insurers, modelling firms said.
-
The Kilimanjaro Re series of cat bonds are among around a dozen deals with exposure to Caribbean hurricane risk, as Hurricane Maria hit Puerto Rico as a Category 4 hurricane
-
Allstate will incur net losses of $553mn from Hurricane Harvey, the Illinois carrier has forecast
-
A major 7.1 magnitude earthquake struck central Mexico yesterday, with more than 200 deaths reported.
-
A number of Florida-exposed cat bonds remained heavily marked down amid a rebound in pricing following Hurricane Irma.
-
Low-attaching aggregate bonds with Florida exposure remained under pressure this week in the secondary market, according to Trading Risk sources
-
Hurricane Irma has exposed $12.5bn of Florida-related catastrophe bonds to losses, according to AM Best
-
The ILS market will strive to make inroads in new risks beyond the property catastrophe market, but it will be a challenging process, according to various senior reinsurance market figures canvassed ahead of the Monte Carlo Rendez-Vous.
-
The Italian carrier UnipolSai looking to buy EUR1.6bn ($1.9bn) of aggregate catastrophe cover to start from 1 January, our sister publication The Insurance Insider has revealed.
