Westpac subsidiary BT Funds hit with $20 million penalty
However, the Australian Securities and Investments Commission (ASIC) found that BT Funds had charged the members of its Asgard Fund...
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What should travelers know about purchasing cruise insurance?
The move, which came at a time when people were thinking about their summer vacation plans, was welcomed by cruise...
Insurers Step Upto Bring Reliefto Ukraine Refugees
As more people — urgently in need of humanitarian support — flee Ukraine daily, funding continues to grow within the...
Property cat bond growth brings diversification in Q1: Report
On the heels of a record year for property catastrophe bond issuance, momentum continued in the first quarter of 2022...
US Treasury seeks input on capital market support for NBCR / cyber terror
The United States Department of Treasury’s Federal Insurance Office (FIO) is seeking industry input and feedback on how available reinsurance...
Citrus Re 2022-1 cat bond from Heritage sees pricing rise
The new Citrus Re Ltd. (Series 2022-1) catastrophe bond transaction sponsored by Florida headquartered but nationally expansive property and casualty...
2022 hurricane season forecast above-normal, with higher landfall probability
The 2022 Atlantic hurricane season is expected to see above-normal levels of activity according to a number of early forecasts,...
Cat bond funds could yield 8-9% on spreads & rising rates: Steiger, Twelve
With catastrophe bond spreads having widened in recent weeks due to market dynamics and interest rates forecast to rise, it’s...
The Best Kept Market Secrets for Commercial Insurance Brokers
When business owners decide to buy insurance, they put a lot of thought and consideration behind it (or they should)....
UNDP and Generali partner on digitally enabled parametric insurance solutions
The The United Nations Development Programme (UNDP) has announced a partnership on parametric insurance development for the most vulnerable with...
