Citizens secures Lightning Re industry loss cat bond at $500m with 11% spread
Florida’s Citizens Property Insurance Corporation has now finalised the pricing on its first industry loss trigger catastrophe bond and the...
News
Fidelity Life receives A- rating for 27th year in a row
Fidelity Life has received its 27th consecutive A- (Excellent) financial strength rating from AM Best. New Zealand’s largest...
Should employers consider a TikTok ban?
Many are asking whether employers are within their rights to take such actions. “The technology is owned by the government...
AFCA reports “concerning decline in insurers’ responsiveness”
Curtis said the rates are “significantly higher” than the past two years and so are extension requests from insurers. Most...
Porch sees launch of reciprocal as strategy for a reinsurance hard market
Porch Group, Inc., a software company focused on services to homeowners including insurance, has launched a reciprocal insurance exchange and...
Financial advice regime in full effect – FMA outlines advisers’ duties
Meet competence standards In its obligations fact sheet, the FMA said FAPs should meet the relevant competence standards while at...
Survey finds mid-sized businesses struggle with basic cyber measures
Additionally, 24% of mid-sized businesses revealed that they have suffered a cyberattack or are unsure if they have suffered one....
‘It’s getting harder to be a smaller, generalist broker’ – Westland CEO
That’s according to Jamie Lyons, CEO of Westland Insurance Group. “There's going to be opportunities for smaller specialized niche focus...
Slide targets debut catastrophe bond with $100m Purple Re issuance
Slide Insurance Company, the full-stack homeowners property insurtech founded by former Heritage CEO Bruce Lucas, has entered the catastrophe bond...
"DE&I looks different depending on where you are on your journey"
“Instead of waiting until there is this pivot point to start focusing externally, we must do them together. The external...
