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MPIUA prices Mayflower Re cat bond at 4.5%
The bond is seeking coverage for named storm, severe thunderstorm and winter storm.
Abbie Day
,
24 June 2024
Cyber sector does not need ILS capital support yet
ILS capital so far is viewed by sponsors as strategic rather than essential.
Jai Singh
,
24 June 2024
AP2 more than doubles ILS allocation as AP3 reports shrinking
The Swedish fund AP2 invests in Fermat GAM, Elementum and Credit Suisse.
Jai Singh
,
21 June 2024
Tropical Storm Alberto brings heavy rains, flooding to Mexico, South Texas
Tropical Storm Alberto, the first named storm of this year’s Atlantic hurricane season, made landfall this morning over Mexico and Texas, bringing heavy winds and gusty rains, according to the US National Hurricane Center (NHC).
Hal Stucker
,
21 June 2024
Canadian property insurance exposure grows 11% in 2024 to C$19tn: CatIQ
There was a 12% increase in flood sums insured to C$7.3tn.
Samuel Casey
,
20 June 2024
Allstate pegs May pre-tax cat losses at $1.4bn
This takes pre-tax year-to-date cat losses to $2.62bn.
Jai Singh
,
20 June 2024
Florida Citizens approves 14% personal lines rate increase: reports
The proposal now goes to the Florida Office of Insurance Regulation for review.
Jai Singh
,
20 June 2024
HOOPP’s ILS allocation tops $1bn for the first time
The Canadian pension plan’s investment rose to 1.2% of its total fund.
Liz Bury
,
20 June 2024
Tropical Storm Alberto to hit Mexico within 24 hours
Alberto is the first named storm of this year’s hurricane season.
Rachel Dalton
,
19 June 2024
Walleye Capital allocates $100mn-$200mn to high-risk, high-return strategy
Sources said that Gallagher Re had ‘first mover’ advantage as the exclusive broker.
Liz Bury
,
19 June 2024
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