Hail a Growing Loss Driver on Rising Tide of Severe Convective Storms, Allianz Says
Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.
Catastrophe Bond News & ILS Market Updates
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Reinsurance Rates Continued Softening During April Renewals, Despite Iran War
Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly...
CatIQ lowers final Ontario & Quebec ice storm loss estimate to CAD 466m
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth and final industry loss estimate for the ice storm that affected Ontario and...
Liberty Mutual unveils new leadership structure to align global risk and capital capabilities
Tim Sweeney, President and Chief Executive Officer of Liberty Mutual Insurance, has announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual...
Cat bonds not as soft as a quarter ago, but falling prices erode some returns: Lane Financial
Consultancy Lane Financial LLC launches its new report on the catastrophe bond market...
Catastrophe bond momentum persists in Q1 2026 with $6.7bn of risk capital issued: Report
After breaking all records last year, catastrophe bond market momentum persisted...
Kin fixes $335m Hestia Re 2026-1 cat bond target, lowers pricing again
Kin Insurance, the direct to consumer insurtech, appears to have fixed on the target...
London Market insurance set for moderate profitability amid evolving risks, says AM Best
Credit rating agency AM Best has indicated that the outlook for the London Market insurance sector remains stable, with profitability expected to moderate through 2026 while still staying positive,...
AIG CEO doubles down on AI strategy amid complex risk landscape
In a letter to shareholders accompanying AIG’s annual report, chairman and CEO Peter Zaffino emphasised the firm’s commitment to accelerating its AI strategy and strengthening long-term growth. He...
Aspen Capital Markets AUM rose 23% to $2.73bn in 2025. Fee income up 15% to $194.4m
Aspen Capital Markets, the third-party, ILS and alternative reinsurance capital...
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