AIG placed $500m aggregate, obtained $6bn of property cat limit at 1/1: Zaffino
American International Group (AIG) had a successful reinsurance renewals at January 2023, according to CEO Peter Zaffino, who said that...
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Enablers helped private ILS become an important part of the market: ILS NYC 2023
The private insurance-linked securities (ILS) sub-sector is an important part of a marketplace that is no longer niche, and while...
Gore Mutual provides financial support to Türkiye – Syria earthquake relief appeal
Gore Mutual Insurance Company has announced that it is donating $25,000 to the Canadian Red Cross, in support...
WTW announces two key hires
Global broker WTW has announced two new hires within its North American Corporate Risk and Broking (CRB) business....
Turkey earthquake insured loss estimated at $2.4 billion by KCC
The recent devastating earthquakes in Turkey are estimated as likely to cause an insurance and reinsurance market loss of around...
AXIS Capital commits to GHG emissions reduction
AXIS Capital Holdings has announced a commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse...
Farmers Insurance continues to cancel policies due to wildfire risk
CBS 8 reported that if the Village Woods condo complex in Scripps Ranch were to look for a replacement policy...
Cloud outage risk primed for parametric cyber ILS risk transfer: Parametrix
Managing general agent and Lloyd’s coverholder Parametrix, a specialist in cloud downtime insurance protection structured on a parametric basis, believes...
AXIS Capital commits to reducing emissions
AXIS Capital Holdings has announced a commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse...
Teachers Life forms partnership with direct specialty provider Greenstone
Education industry-focused fraternal insurer Teachers Life has announced that it has entered a significant partnership with Greenstone. A...
