-
Regulatory investigations can move at a snail’s pace.
-
He moves across from the broker’s former securities division.
-
It could take years to determine whether or not PG&E is responsible for the 2018 wildfires.
-
ILS broker-dealers expect 2019 cat bond issuance to range from $7bn to above $10bn.
-
The legal action follows losses in share value resulting from regulatory probes into Markel Catco.
-
The bond has been launched with the same initial price guidance as last year’s issuance.
-
The National Flood Insurance Program has received the votes necessary to extend it to 31 May.
-
The government also said it is exploring the possibility of issuing a cat bond in the near future.
-
Insurers are passing on costs associated with Florida’s AOB crisis to consumers, the Insurance Information Institute said.
-
The move will benefit both new Special Purpose Insurer (SPI) cells, as well as rollover deals.
-
The Axis Capital CEO’s employment term has been extended to 31 December 2023.
-
Markel will consider the future of its ILS subsidiary Markel Catco in 2019.