Japan earthquake losses may reach $5 billion: Verisk
Insured property losses from the 7.3 magnitude earthquake that hit Japan earlier this month are expected to reach between 240-490...
News
Kanopi calls for working group to speed CDR rollout
Kanopi calls for working group to speed CDR rollout 28 March 2022 Insurtech Kanopi is calling on the government and...
ILS managers push-back on “excessive” COVID trapped capital: AM Best
Managers of insurance-linked securities (ILS) funds and other strategies are pushing back on what is seen as still excessive trapping...
High-risk auto insurance – what Canadian drivers need to know
“Low-risk drivers are an asset to car insurance providers because they make payments on time and rarely get into accidents,”...
AM Best cites Florida market challenges as it downgrades Florida Farm Bureau
A decline in surplus, reserve adequacy trending lower, underwriting losses driven by storms and hurricanes, and a generally unsettled Florida...
Arch Capital’s Voussoir Re sidecar issues 2022 preferred shares
Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has sponsored the issuance of two new series of preferred...
Inigo’s Montoya Re cat bond settles at $115m at top-end pricing
London headquartered and Lloyd’s market focused specialty insurance and reinsurance underwriter Inigo Insurance is now set to complete its first...
Lloyd's flags 'major claim' concern from Russia-Ukraine conflict
Lloyd’s has warned of a potential business fallout from Russia’s attack on Ukraine, warning the war will likely lead to...
Edmonton Oilers file $174 million pandemic loss lawsuit against insurers
The team claims in its lawsuit that the COVID-19 virus physically altered the interior air, surfaces and interior of its...
Insurtech AuditCover 'evens playing field' with high-tech ATO
Insurtech AuditCover 'evens playing field' with high-tech ATO 28 March 2022 HDI-backed insurtech AuditCover has closed a $1.7 million seed...
