Catastrophe Bond Mystic Re II Winds Down
Liberty Mutual-sponsored catastrophe bond Mystic Re II gave its notice Tuesday that the $225 million vehicle had matured and
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60,000 at Most Risk in New Italian Quake
Tens-of-thousands of northern Italian residents and their properties were at the highest risk from magnitude 5.8 earthquake
Munich Re Keeps Rating Despite Catastrophe Drag
Reinsurance giant Munich Re had its AA- debt rating affirmed by Fitch on Friday despite what the agency describes as
Private Market, Florida Cat Fund Can Take Tepid Hurricane Season: Fitch
Despite suffering declines in surplus and shareholder equity from 2011 catastrophes, insurers and reinsurers have enough underwriting capacity to withstand
New Plea for Insurance-Linked Securities Volcker Exemption
Wall Street banks have sent another request to U.S. regulators to exempt insurance-linked securities from a list of
Massachusetts Defends Insurers’ $200M Tornado Response
Insurers in the Bay State responded appropriately to claims made after the June 1, 2011 tornados that caused nearly $200
Zombie Catastrophe Bond Nelson Re Lives On
Long suffering $76.5 million Nelson Re catastrophe bond will live through the summer as Glacier Reinsurance elected to extend
Agriculture, Commercial Losses Driving Italian Quake Claims
Commercial destruction — especially farm and lost equipment around the regional cheese industry — will drive the majority of the insured losses
Validus Re CEO Resigns In Management Shake Up
Conan Ward has resigned as CEO and executive vice president Validus Re, the reinsurance subsidiary of Validus Group, according to
No Euro Windstorm “Silver Bullet” for Insurers: PERILS
Insurers are years away from directly using a key atmospheric index to predict future European windstorms, according to the catastrophe
Location, Limited Take-Up Will Curb Italian Quake Losses: AIR
There will be limited insured exposure to a 6.0 magnitude earthquake that struck Italy early Sunday despite being the
$2 Billion In Claims as Joplin Anniversary Approaches
Insurers have paid out over $2 billion in claims from the storms that hit Joplin, Missouri as local regulators warn
