Atlantic basin hurricane activity in 2018 is likely to be above the long-term average with 15 named tropical storms, seven hurricanes and three intense hurricanes, according to a forecast summary by Tropical Storm Risk (TSR)
Lloyd's (re)insurer Neon has received the green light from the Prudential Regulation Authority (PRA) to establish a sidecar and will now become the first carrier to use the new UK ILS framework
The Thomas wildfire, which ranks as the third largest in California state history, is now 50 percent contained, according to the California Department of Forestry and Fire Protection (Cal Fire)
Nephila has provided seed capital for Volante Global, the super managing general agency (MGA) set up by ex-Dual CEO Talbir Bains, which will start writing next year, sister publication The Insurance Insider reported.
