Radian Guaranty, a wholly owned subsidiary of the Radian Group, has obtained $390 million of fully collateralised excess of loss reinsurance coverage from Eagle Re 2020-2, a Bermuda-based special purpose insurer. 26 October 2020
Swiss Re Capital Markets has structured and placed $775 million of insurance-linked securities (ILS) by Ursa Re II, to be used for the protection of the California Earthquake Authority (CEA). 23 October 2020
Convex Group has partnered with AccuRisk Solutions, the Chicago-based managing general underwriter, to offer occupational accident and employer’s liability to Texas employers that have opted out of workers’ compensation. 23 October 2020
Everest Re Group has estimated it made a Q3 2020 catastrophe loss of around $300 million, net of reinsurance and reinstatement premiums. 23 October 2020
Genworth Mortgage Insurance Corporation (Genworth MI) has obtained $349.6 million of fully collateralised excess of loss reinsurance coverage from Triangle Re 2020-1, the Bermuda-based special purpose insurer. 23 October 2020
Insurance could cost-effectively help protect and restore mangrove forests, according to a report published today by The Nature Conservancy and University of California, Santa Cruz, and supported by AXA XL. 22 October 2020
BMS Group, the independent specialist re/insurance broker, has hired Denny Miller and Jessica Howard as vice presidents in its US facultative division. 22 October 2020
