-
The InsurTech has moved its pricing for the instrument to the top of its initial range. -
The multi-peril bond will cover all 50 US states and the District of Columbia.
-
The firm identified market inefficiencies in its analysis of loss data.
-
The AP2 fund noted currency-hedging effects, turbulent financial markets and Hurricane Ian as factors in its alternatives segment loss for the 2022 year.
-
The reinsurance recoverables from Lorenz investors were up by 56% to $921mn in the 2022 year.
-
The facility will support quota share capacity with Anchor Re on behalf of SageSure carrier partners.
-
Reserve releases connected to 2017 events helped the segment deliver a 95.6% combined ratio.
-
Global reinsurers also reported a slight deterioration of their combined ratios in 2022, with the average for the year being 95.7% compared with 94.7% in 2021.
-
The bond is seeking coverage for Florida named storm.
-
The reinsurer said cat reinsurance rates hit a 20-year high, driven by losses, inflation and financial markets.
-
The cat bond market is thought likely to receive an outsized portion of any capital inflows.
-
Allstate disclosed a $211mn catastrophe loss in February based on nine separate events.
