-
The BMA also expects Bermudian insurers to consider double materiality in their reporting, as well as their own external climate-change impact. -
The grant has so far supported cat bond issuances Kite Re and Greater Bay Re.
-
Ron DeSantis has also announced proposals to modernize Florida’s "bad faith" law, in the latest set of reforms he described as the most “comprehensive in decades”.
-
The attempt to increase the supply of insurance in the state has been submitted for governor approval.
-
Following recent hurricanes, more than 610,000 residential property claims were filed in the state.
-
The regulator examined carriers’ ability to model nat-cat and cyber events, with mixed results.
-
The downgrades were linked to a reduction in CEA’s claims-paying capacity to 1-in-360 years, from 1-in-400 years, and reinsurance market challenges.
-
The industry group has launched its first target-setting protocol.
-
KBRA believes First Protective’s and Frontline’s strong underwriting and claims handling compares favourably with that of their Florida peers.
-
Senate Bill 2A addresses key concerns in the Florida property market, including one-way attorney fees and assignment of benefits, the ratings agency said.
-
The legislature met for a special session this week, discussing key concerns in the state's property insurance market.
-
The regulator has implemented several changes, which it says will increase UK competitiveness and bolster participation in the UK’s ILS market.
