PCF secures $500 million investment
At the time of the investment, the valuation of PCF Insurance was $4.7 billion. PCF Insurance is a risk management,...
News
Gallagher Re’s McManus to lead Bermuda ILW and index-cat bond capabilities
Reinsurance broker Gallagher Re has appointed industry-loss warranty (ILW) and retrocession broker Alex McManus to lead its index-based capabilities in...
ILS funds can and should manage trapped collateral to eliminate non-performing assets: Replexus
Notable in the wake of Hurricane Irma in 2017, trapped collateral is an ongoing issue for the insurance-linked securities (ILS)...
A chemical catharsis: the consequences of the ‘Forever Chemicals'
Authored by Liberty Senior Casualty Risk Engineer, European Operations, Darren FairestDarren Fairest explains the challenges the market is facing from...
Feb 2022 European windstorm industry loss raised again to €3.85bn by PERILS
The insurance and reinsurance industry loss estimate for the European windstorm series that struck in February of 2022 has been...
Claimant loses salvage dispute over wrecked $150,000 Porsche
A vintage car owner who sought to lower his vehicle’s salvage cost after it was deemed a total loss has...
Cyber ILS gathering momentum, say Lockton Re, CyberCube & Envelop Risk
In a new report, global reinsurance broker Lockton Re makes the case for cyber insurance-linked securities (ILS), saying that “now...
Unions call for engineering stone ban amid rising silicosis cases
Major Australian unions have urged governments to introduce a ban on the use of engineered stone products, saying that inaction...
Johns Lyng ups earnings target after strong first-half
Johns Lyng Group says its insurance-focused unit is the “bedrock” of its business as the building services provider today announced...
Allianz expands cover in cyclone-prone north after joining pool
Allianz Australia says it has started offering direct home and landlord cover to consumers in cyclone-prone areas of northern Queensland...
