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Travelers grows cat treaty by $150mn at 1.1
The carrier’s Milton loss came in below expectations, but its fire claims will be “material” in Q1.
Jairo Ibarra
,
22 January 2025
Verisk pegs Palisades and Eaton fire insured loss at $28bn-$35bn
Losses from the larger fire will amount to $20bn-$25bn, the modeller said.
Rachel Dalton
,
22 January 2025
Most CA homeowners’ carriers produced 11-year UW losses: AM Best
Most carriers paid more in homeowners’ claims than they collected in premiums.
Rachel Dalton
,
22 January 2025
Global insured losses hit $154bn in 2024: Gallagher Re
Severe convective storms accounted for 41% of last year’s insured loss load.
Rachel Dalton
,
21 January 2025
Topanga Re and Res Re among bonds taking CA wildfire secondary pricing impacts
Two 2021 worldwide aggregate ILW notes are also among the markdowns.
Jai Singh
,
21 January 2025
Mercury reveals $1.24bn second event cover as LA claims mount
The carrier can claim separately for the Palisades and Eaton fires if necessary.
Rachel Dalton
,
20 January 2025
SURE and SafeChoice target $410mn of named storm Gateway Re cat bond coverage
The bond is split into five tranches, with two notes offered on a zero-coupon basis.
Jai Singh
,
20 January 2025
Tower Hill launches $100mn Winston Re cat bond
Price guidance for the bond is 7.00%-7.75%.
Rachel Dalton
,
20 January 2025
Behind the Headlines: Gallagher's Dame Sue Langley on competitive regulation and the power of the City
What does the bustling insurance industry of today have in common with the coffee shops of the seventeenth century?
03 April 2025
Euler ILS Partners puts focus on specialty/life for buildout
The former Credit Suisse ILS head Niklaus Hilti said working on life buyout hedges could rejuvenate the life ILS market.
Liz Bury
,
20 January 2025
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