Consumers increasingly likely to pay for insurance with credit
One in five adults more accepting of using credit than they were a year ago as household budgets feel the...
News
Property cat rate increases to avg below 10% at Jan 2024 renewal: Fitch
Fitch Ratings forecasts that property catastrophe reinsurance renewal rate increases will decelerate in 2024, with an average increase expected to...
Allianz ranked world’s No.1 insurance brand
Authored by AllianzFor the fifth year in a row Interbrand have ranked Allianz as the world’s number one insurer in...
Alternative reinsurance capital exchange start-up CatX raises $2.7m seed round
CatX, a digital catastrophe and parametric risk exchange start-up, has announced a successful raise of a $2.7 million seed funding...
Hannover Re continuing to grow collateralised reinsurance fronting business
Acting as a front or transformer for insurance-linked securities (ILS) funds and investors is an increasingly important part of global...
Risk repriced. Australia no longer a “good hedge” for reinsurers: ICA CEO
Delivering a speech in Canberra today, Andrew Hall, the Executive Director and CEO of the Insurance Council of Australia (ICA)...
Vesttoo assets for liquidation said below $25m. Creditor focus may shift
We’re told that the sum total of assets and so value that could be distributed in Vesttoo’s pending liquidation under...
Aspen Capital Markets AUM hits $1.5bn, fee income rises 25% to $92m
Aspen Capital Markets, the third-party and alternative reinsurance capital management unit of global re/insurer Aspen, has raised new funds for...
Emilia-Romagna Italy flood industry loss raised another 4% to €509m by PERILS
The insurance and potentially reinsurance industry loss continues to creep higher from the severe flooding in Europe that impacted the...
CelsiusPro & NZ insurer Tower partner on parametric Pacific cyclone cover
CelsiusPro AG, the Swiss headquartered weather index insurance and parametric risk transfer specialist, and New Zealand based primary insurance group...
