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Scor denies takeover talks with Covéa
The denial followed this publication’s report that Covéa had renewed its intentions to buy the reinsurer.
Jairo Ibarra
,
11 September 2024
Kin’s Hestia Re bond attaches following Ian loss creep
Kin’s reinsurance structuring means the bond’s losses will be kept to a minimum.
Jai Singh
,
11 September 2024
Allstate’s Sanders Re 2019-1 B bond no longer a full loss
Investors may be able to recoup between $15mn-$18mn of principal.
Jai Singh
,
11 September 2024
Hurricane Francine on trajectory to hit Louisiana later today
‘Life-threatening’ storm surge and hurricane-force winds expected for the state, according to the NHC.
Abbie Day
,
11 September 2024
Leadenhall complaint decries A-Cap’s alleged control over 777
In an amended complaint, the ILS manager claims A-Cap has exerted control beyond its equity interests.
Jai Singh
,
11 September 2024
Gallagher Re estimates Francine losses at above $1bn
Francine is expected to make landfall in Louisiana tomorrow.
Caroline Ryan
,
10 September 2024
CatIQ Canadian cat tally of C$5.2bn shows 2024 as costliest year on record
The estimate from the Perils-owned company does not include any losses from Hurricane Debby.
Rebecca Perkins
,
10 September 2024
Covea takes second shot at Scor takeover amid retro dispute
The mutual’s approach comes as Scor continues efforts to fight back from performance issues including a flare-up in L&H.
Adam McNestrie
,
10 September 2024
AI to bring about ‘algorithmically traded' ILS within five years: PwC
AI’s ability to analyse vast datasets will help in matching risk to capital.
Liz Bury
,
10 September 2024
Tropical Storm Francine forms in the Gulf of Mexico
A hurricane watch is now in effect for the Louisiana coastline.
Danielle Ling
,
09 September 2024
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