-
The figure made 2022 the sixth consecutive year in which Q1 losses topped $10bn. -
The Florida-based insurer’s 2019 issuance is expected to lose up to $37mn of its $40mn principal after Hurricane Ida.
-
The Senator is seeking to use a statute to activate a special session on property insurance.
-
Swiss Re’s Sector Re includes aviation coverage, while some direct ILS exposures exist in marine retro where firms like ILS Capital and Lancashire play.
-
The broker said there was still a “big unknown” around the potential global economic impact of the conflict.
-
Its prediction for an above average season is in line with the early outlook from Colorado State University (CSU) researchers.
-
The team of researchers predict there will be 19 named storms, of which nine will be hurricanes.
-
Swiss Re’s recent underwriting actions, model updates and risk repricing have prepared it to take on more secondary perils, according to its top team.
-
The reinsurer said the third-party platform, which reached $2.2bn at the start of this year, provided capital relief and supported nat-cat capacity.
-
Alternative capital increased by 4.4% after two years of stagnation.
-
The syndicate won new backers after Credit Suisse ILS significantly scaled down support.
-
The feeder fund to Neuberger Berman ILS strategies took a defensive stance ahead of 2021 Atlantic hurricane season.
