A new restricted special purpose insurer (SPI) named Huygens Re Ltd. has been established in Bermuda, which we understand will become the dedicated structure for the insurance-linked securities...
In May, our sister publication Reinsurance News hosted its second Legacy Market Roundtable in Brighton, in partnership with global reinsurer Swiss Re. A takeaway from the 90-minute session was the...
US primary insurer Travelers increased its catastrophe bond coverage in 2026 to a staggering $750 million, while the carrier’s Northeast Property Catastrophe Excess-of-Loss Reinsurance July 1st...
US primary insurer Travelers’ Northeast Property Catastrophe Excess-of-Loss Reinsurance Treaty renewal at July 1st 2026 is unchanged from the prior year in terms of coverage and retention, while the...
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $563 million, or $445 million after tax, for June 2026. This is below...
US insurer Allstate has announced an estimated pre-tax catastrophe loss burden for the month of June 2026 of $563 million. But the second-quarter 2026 total has now risen to $1.72 billion, which is a...
Fermat Capital Management, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has reached another high point in terms of its cat bond and ILS assets under...
While the rising risk of a Super El Niño remains highly uncertain in both geography and magnitude, parametric trigger designs can add a crucial layer of granularity to climate coverage. According to...
CatIQ, the Toronto-based independent provider of industry-wide catastrophe insurance data and a subsidiary of PERILS, has released its latest insured loss estimates for two severe weather events that...
Insured losses from natural catastrophe events across the globe in the first half of 2026 are estimated to have reached USD $46 billion, down on last year’s $84 billion and 28% below the 10-year...