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The loss has decreased by 0.3% since the company’s third assessment.
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HCI secured three towers with $3.5bn in XoL coverage.
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ILS offers efficient capital for underwriters, but casualty ILS transactions are complex.
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The Peak Re subsidiary mainly writes US motor and casualty reinsurance.
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The deal leaves premier surety as Travelers' sole Canadian portfolio.
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Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.
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TSR previously predicted activity slightly below the 1995-2024 average.
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The agency forecasts up to five major hurricanes and 19 named storms.
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Fox highlighted the increasing role of alternative capital and creative financial vehicles.
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Tornadoes have killed at least 32 people in three states.
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Berkshire Hathaway lost market share but remained the largest traditional reinsurer, our study shows.