new york

New York Superintendent of Insurance James Wrynn announced a number of measures aimed at keeping the cost of coastal insurance affordable for residents of New York. The proposals include standard deductibles for windstorms, reducing the number of non-renewals insurers may issue and creating a catastrophe pool to stabilise premiums.

Bermuda are continuing to push hard to promote themselves as a perfect jurisdiction to list insurance-linked security and catastrophe bond special purpose insurers. As we’ve written about recently (here on the amount of cat bonds listed in each domicile and here with our list of cat bonds listed by domicile) Bermuda has fallen behind the […]