News

The Corporation’s chairman said that Names and other third-party capital are essential to maintaining the market’s unique nature.

Carriers have announced significant exposure reductions in the state this year.

Total losses for the year from April now exceed $3.5bn.

The business specialises in space and terror risks.

SCS accounted for nearly two-thirds of global first-half catastrophe losses.

The final report said the majority of the losses occurred on Kyushu Island with 74% of the total industry loss.

The InsurTech claims five former staff, including the CEO and CFO, forged signatures and impersonated bank staff.

The project which began last year in Zurich has now expanded to a group standing for $29bn of ILS assets under management globally.

A total of $386mn has been issued in private cat bond deals this year.

A Delaware judge has ruled in favour of Vesttoo’s automatic stay in the bankruptcy case.

Ola Jacob's role at Descartes will focus on expanding the firm's parametric insurance offering in the London market to corporates exposed to climate risks across the globe.

According to the National Hurricane Center, Lee made landfall at Long Island, Nova Scotia, on Saturday.