Modelers, Industry Going to Bat for Massachusetts Cat Pool
Massachusetts’ residual insurance pool will once again attempt a rate increase for its 150,000 thousand policyholders and look to
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Reinsurers Showing “Modest” Sandy Bounce... Modestly: Fitch
Reinsurers showed “modest” top line growth on “modest” rate increases in 2012 as the industry rebounded from Superstorm Sandy losses,
Louisiana Ups Private Reinsurance Buy, Mulls Second Cat Bond
Ready to take advantage of “opportunistic” reinsurance capital, Louisiana’s coastal windstorm pool plans a double-digit increase in its
Australia’s Third 2013 Catastrophe Tests Insurers, Flood Models
Flooding caused by Ex-Tropical Cyclone Oswald is testing the Australian government’s revamped flood mapping and modeling efforts just
Florida Makes Another Push for Private Reinsurance Market
Florida’s insurance market of last resort — Citizens Property Insurance Corp. — wants to reform itself by charging higher rates and
Flood Insurance “Exhausted” Monday Unless Lawmakers Act Friday
The National Flood Insurance Program (NFIP) will run out of money next week — leaving ‘Write Your Own” carriers and policyholders
Sandy Denied, Fiscal Cliff Bill Funds $500 Million for Farm “Disaster” Program
Last minute legislation passed by the U.S. Senate aimed at averting the so-called “fiscal cliff” includes over $500
CEA Likes Catastrophe Bonds, Just Don’t Call It a “Sponsor”
Guidelines set up by the California Earthquake Authority (CEA) for its catastrophe bond program give broad authority to a newly
Sandy Politics Trumps Reinsurance Catastrophe Models
The rapid rise of insured loss estimates following Superstorm Sandy is a warning to reinsurers not to become too reliant
Swiss Re’s $12 Billion Longevity Question
Swiss Re has inked new deal that is says places over $12 billion of aggregated external life risk on its
Reinsurance Drumbeat Intensifies as China Readies Catastrophe Plan
The reinsurance industry’s hopes of expanding into the Chinese market is taking greater emphasis as the government prepares to
Swiss Re, AIR Join Chorus of Sandy “Uncertainty”
Global reinsurance giant Swiss Re said Monday that it expects the claims burden for Superstorm Sandy could reach $900 million
