-
The Colorado State outlook remains stable despite a change in the odds of a weak El Niño continuing into peak summer months. -
Palomar has also said it does not expect the quake of 5 July to hit its reinsurance programme.
-
The 7.1 magnitude earthquake on 5 July was the strongest to hit Southern California since October 1999, but affected less populated counties.
-
It is more efficient for ILS managers and cedants to be able to give collateral clawbacks, the Credit Suisse ILS head has argued.
-
The transaction, targeting up to $15mn, would use volcanic plume heights as a trigger.
-
Rates are said to be easing following the mid-year Floridian renewals.
-
Reinsurers that have been reliant on retro cover also pared back their market share, as the broker said mid-year renewals showed tangible pricing momentum.
-
A derecho event from 21-22 June travelled more than 1,000 miles across the country.
-
Investors sought to redeem about $200mn in 2019 from the shrinking Securis I fund, but the London manager has grown its lower-risk non-life fund.
-
The proposed legislation would enable the state’s governor to tap the ILS market for coverage.
-
The bond has placed at the lower end of pricing guidance.
-
The retro writer warned earlier this month that it was increasing its loss reserves for the two events.
