Reworked tax rules on how hedge funds can set up reinsurance shop in in offshore domiciles and continue to receive a favorable tax treatment are expected to be issued in
The 2016 submitted today by President Barack Obama [http://www.whitehouse.gov/sites/default/files/omb/budget/fy2016/assets/budget.pdf] again includes a proposal to cut the beneficial tax
A pair of recent government reports say that South Carolina should avoid creating a state-sponsored residual pool for flood risks while continue purchasing relatively significant amounts of private market
A senior New York lawmaker is proposing to expand the state’s residual market to cover more coastal risks with the goal of enticing the private market and mimic catastrophe
The Texas Windstorm Insurance Association will begin discussions around their reinsurance program next week — as well as their newly minted catastrophe bond facility — as they gear up for annual renewals.
Louisiana’s property insurer of last resort will repeat its 2014/2015 reinsurance program with some tweaks, including replacing its maturing Pelican Ltd. catastrophe bond. “We have two things in
While global catastrophe losses have hit a five-year low, losses from severe convective storms and hail in the U.S. and North America continued a disturbing upward trend, according
North Carolina will enter the 2015 Atlantic hurricane season without a significant premium increase after the state’s insurance commissioner rejected a 25% property insurance hike despite pleas from the
The California Earthquake Authority (CEA) will focus in expanding its “transformer” reinsurance and catastrophe bond program by focusing on multi-year agreements, according to documents from last week’s board
Third Point Reinsurance Ltd. — the Bermuda-based insurance play of hedge fund manager Daniel Loeb — announced Thursday that his firm is dropping its catastrophe fund platform called Third Point Reinsurance
Following Congressional failure to renew the U.S. terrorism insurance backstop, industry professionals agree that terrorism exposures can modeled and may even be an attractive risk for securitization if traditional
The Texas Windstorm Insurance Association (TWIA) has held informal discussions with several carriers — including United Property & Casualty Insurance Company (UPC), Weston Insurance Company, Lighthouse Property Insurance Company and State
