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Fraught Florida bill talks indicate reform challenges to come
The special legislative session to be held the week of May 23 is the last chance Florida insurers and reinsurers have this year for some desperately needed reform to the stricken homeowners’ market.
Opinion
Reinsurance renewal storm brewing for Floridians amid regulatory uncertainty
Several firm-orders have been released, but there are widespread expectations of a much-delayed renewal as low-layer capacity remains elusive.
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Analysis
Beazley’s own in-house ESG goals were put under as much scrutiny by its third-party capital providers as its underwriting strategies when the insurer launched ESG-focused Syndicate 4321 at the start of this year.
Reinsurance underwriters and brokers anticipate a Japanese renewal largely unaffected by Covid-19 as negotiations continue to focus on payback for 2018 and 2019 typhoon losses.
Despite a move away from non-official indices, global ILW trading is still sometimes relying on a patchwork of triggers.
Swiss Re’s Sector Re includes aviation coverage, while some direct ILS exposures exist in marine retro where firms like ILS Capital and Lancashire play.
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Horseshoe transitions to Artex brand name
17 May 2022 -
Vesttoo appoints Prudential’s Wadhwa as CFO
17 May 2022
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Lloyd’s syndicate analysis: Profitability vs volatility
The most profitable syndicates tend to be consistent performers long term, Insurance Insider analysis shows.
From Insider Engage
Praedicat CEO: Microplastics Could Be 'The Next Climate Change'
If PFAS, or “forever chemicals,” are the major risk that's currently in litigation, then ubiquitous microplastics are the major risk that's waiting in the wings, said Bob Reville, Co-Founder, President and Chief Executive Officer of Praedicat.
From Insider Engage
Closing the Protection Gap by Improving Mitigation and Adaption
Insurers can play a leading role in closing the protection gap by helping people plan to reduce the risk of disasters before they strike, and by providing financial help after, said Denis Duverne, chairman, Insurance Development Forum, and chairman of AXA, in an exclusive interview with Insider Engage.
From Inside P&C
Growth of litigation finance seen as ‘ominous’ if reforms don’t pass
Third-party litigation financing impact on social inflation difficult to measure but hard to deny.
Supplements
Supplements
Investor Guide to ILS: H2 2021
One of the ongoing trends within the ILS market over past years has been an increasing demand from existing investors to look for something different within their portfolio.
