Hurricane deductibles in play as offset to Florida reinsurance challenges
We’ve learned that some Florida homeowners and property insurance carriers are using hurricane deductibles as a way to offset some...
Month: March 2023
AXA XL announces promotions in marine team
“The marine industry inherently has some very unique and challenging risks,” said Mike Perrotti, AXA XL chief underwriting officer for...
U.S. Rushes to Avert Crisis With SVB Deposit Guarantee, Bank Fund
“While the Fed wants tighter financial conditions to restrain aggregate demand, they don’t want that to occur in a non-linear...
Best of Artemis, week ending March 12th 2023
Here are the ten most popular news articles, week ending March 12th 2023, covering catastrophe bonds, ILS, reinsurance capital and...
Alpina Capital hires experienced ILS executive Gregor Gawron
Alpina Capital, the asset manager that took over the management and distribution of the Falcon Private Bank catastrophe bond funds,...
Australian flood industry loss lifted 4% to AU $6.53bn by PERILS
The insurance and reinsurance industry loss from the severe flooding that struck eastern regions of Australia in February and March...
Last resort compo scheme, FAR legislation introduced
Legislation for the proposed compensation scheme of last resort (CSLR) and the Financial Accountability Regime (FAR) was introduced in the...
Citizens more than doubles Lightning Re cat bond target to $500m, at reduced pricing
Florida’s Citizens Property Insurance Corporation looks set to more than double the size of its new catastrophe bond issuance, as...
Loss-making US personal lines clobber P&C industry earnings
Rating agency AM Best says US personal lines insurers’ earnings worsened with an estimated underwriting loss of $US34.9 billion ($53...
2023 Honda Civic Type R
Overview The 2023 Honda Civic Type R's styling is dialed back compared with its wildly designed predecessor, but that doesn't...
