Truckers’ Premiums Keep Rising, Despite Safety Improvements, Coverage Changes
As with so many other goods and services, insurance for commercial trucks has become more costly since the pandemic –...
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Allstate exhausts cat bond as 2021 cat reinsurance recoveries hit $1.37bn
US primary insurance carrier Allstate has revealed making $1.37 billion of recoveries under its catastrophe reinsurance arrangements during calendar year...
The Great Resignation: Insurers have "a terrific story" to tell
“The insurance industry is not immune from these issues,” said Peter Hohman (pictured), Insurance Institute of Canada (IIC) president and...
Munich Re targets record premiums in positive reinsurance market
Global reinsurance giant Munich Re is forecasting that it will construct its largest ever portfolio of risk in 2022, as...
Winter hazard awareness – why preparation is vital
“When talking about business resiliency programs and understanding how organizations can thrive through adverse business conditions, reminding business leaders about...
Munich Re cites higher demand, tightened alternative capacity
In announcing its results this morning, global reinsurance giant Munich Re cited two factors that helped to improve market conditions...
Coca-Cola pension fund ILS allocation shrinks 9% to $330m in 2021
Global beverage and food giant the Coca Cola Company’s pension fund allocation to insurance-linked securities (ILS) shrank in 2021, dipping...
Insurance sector pulls together to help those at risk of flood
23rd February 2022 The British Insurance Brokers’ Association (BIBA), the Association of British Insurers (ABI) and Flood Re have collaborated...
Verisk to sell financial services arm
Data analytics provider Verisk has announced that it has entered into a definitive agreement to sell Verisk Financial...
What a “digital twin” can do for climate ILS product design
The insurance-linked securities (ILS) market has long designed its risk transfer products and solutions using the insights gleaned from the...
