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Loss tracking agency Perils estimated insured losses for extra-tropical cyclone Thomas have risen 17 percent to EUR 249mn ($280mn).
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The Texas Windstorm Insurance Association (Twia) has expanded its Alamo Re 2017-1 cat bond by 50 percent, as the anticipated insurance coupon on the deal fell below original forecasts, Trading Risk understands.
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Great American Insurance Company has priced the bulk of its new $190mn Riverfront Re cat bond at the upper range of forecasts, Trading Risk understands.
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The Peruvian government has launched a tender to expand the country's Agricultural Catastrophe Insurance programme next year, according to reports.
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The Canada Pension Plan Investment Board (CPPIB) delivered an 11.8 percent net return on its portfolio in the 2016 fiscal year, the fund reported this week.
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Zurich Insurance Group subsidiary Farmers New World Life has signed an agreement with Reinsurance Group of America to reinsure a portion of its closed US annuity book, representing reserves of around $2.3bn.
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Texas lawmakers passed a reform bill on Tuesday which addresses an upsurge in legal cases tied to weather-related insurance claims.
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Catastrophe loss tracking agency Perils and the UK Met Office have released a new European windstorm catalogue showing the gust footprints of more than 200 of the largest European windstorms since 1979.
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The first wave of InsurTechs are unlikely to cause much disruption to the industry, according to Oliver Wyman partner Dietmar Kottmann.
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Jay Nichols has joined the board of Indiana-based P&C holding company Baldwin & Lyons after leaving Axis Re earlier this year.
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A Trading Risk study of reinsurance cessions from the state's 10 largest residential insurers showed Nephila Capital's scaled back participation in the Florida reinsurance renewals last year
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Heritage has secured a further $35mn of ILS coverage via a private cat bond, Citrus Re 2017-2, according to a Bermuda Stock Exchange (BSX) listing.
