News
News
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid $203,136 to the Government of Belize on its excess rainfall parametric insurance policy, following three days of heavy rains during Tropical Storms Amanda and Cristobal. 26 June 2020
News
Bermuda will end its state of emergency on June 30 as it reopens its economy. 26 June 2020
Re/insurance
Many cannabis companies initially viewed insurance as an expensive necessity they required to satisfy investors and fulfil regulatory compliance, but there is a growing understanding of its importance as a risk management tool, says Skyfront Bermuda’s Neil Hitchcock. 25 June 2020
Life
UK-based flood forecasting insurtech Previsico has appointed Matthew Grant, formerly of RMS, as a board advisor. 25 June 2020
ILS
A secondary market for ILS can only emerge once the broader market fully embraces electronic platforms, according to Brad Adderley, a partner at Appleby in Bermuda. 25 June 2020
ILS
Willis Re Securities and Willis Re have structured and placed €100 million of insurance-linked securities (ILS) for Achmea Reinsurance Company, the reinsurance arm of Dutch insurance group Achmea. 24 June 2020
News
AXA XL’s North America construction insurance business has added an enhanced risk evaluation resource from TradeTapp, a preconstruction service from Autodesk Construction Cloud's BuildingConnected. 24 June 2020
News
Arch Capital Group has priced an offering of $1 billion aggregate principal amount of 3.635 percent senior notes due 2050. 24 June 2020
ILS
The Lloyd's Council has agreed in principle to Nephila Capital’s plan to form a new syndicate. 24 June 2020
News
Compre, the independent specialist legacy acquirer, has received approval in principle from the Bermuda Monetary Authority (BMA) to establish a Class 3A reinsurer in Bermuda. 24 June 2020
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