The CATCo retrocessional reinsurance investment portfolio has continued to experience favourable development against prior loss year side pockets, with additional value recovered in April.

Rating agency Demotech has warned an additional 17 Florida property insurance carriers that they may have their ratings downgraded on July 26th, a move that has resulted in a backlash from Florida’s state Insurance Commissioner and CFO.

London headquartered insurance and reinsurance group Beazley has announced its results this morning, making some interesting statements about climate change and how this is changing the property insurance and reinsurance underwriting landscape.

At the mid-point of 2022, US property casualty insurance giant Travelers CFO has disclosed that the insurers qualifying catastrophe losses are running at almost half-way to the trigger point for its aggregate catastrophe reinsurance treaty.

Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the capital markets, has made another key hire, adding Minas Kalachian, an experienced reinsurance executive who most recently worked at Allianz Risk Transfer (ART).

US property casualty insurer Travelers has expanded the size of its main Northeast Property Catastrophe Excess-of-Loss Reinsurance Treaty for 2022, with the reinsurance agreement now set to provide the company $750 million of cover.

Water levels in Germany’s river Rhine have dropped to levels that are now concerning shipping and transport companies, as well as those looking to trade and receive goods using the waterway, with levels forecast to decline close to where we understand parametric triggers for insurance have been set.

The Arch Capital Group sponsored collateralized reinsurance sidecar style special purpose insurance (SPI) vehicle Voussoir Re Ltd. has made another issuance of shares, the third so far that we’ve seen during 2022.