Insurance & Reinsurance

Willis Towers Reinsurance Deal With Achmea

Willis Re Securities in collaboration with Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced that it has structured and placed EUR 100 […]

Flood Insurance

Previsico Targets US Market, Looking to Expand Flood Prediction Product

‘Hot 100’ InsurTech Previsico today announced it will be targeting the US market with its unique 3rd generation live flood forecasting technology, as the company heads towards Series A funding in 2021, with Innovate UK […]

Insurance & Reinsurance

Reinsurance: Willis Towers Says Catastrophe Costs Down 18% in 2019

Insured losses from major natural catastrophes in 2019 totalled roughly $53.0 billion, about 18% lower than the annual average since 2011. This continues a relative period of calm compared to 2017, when the total loss […]

Insurance & Reinsurance

Willis Re Arranges Reinsurance Cover For Covea Mutual

Willis Re Securities, part of Willis Re, the reinsurance division of  Willis Towers Watson, a leading global advisory, broking and solutions company, today announced that it has structured and placed EUR 120 million of insurance-linked […]

Insurance & Reinsurance

First Payments of $12.8m Made by CCRIF for Hurricane Dorian Damage

CCRIF announced today that it has made two payouts to the Government of The Bahamas totalling US$12.8 million (US$12,824,153) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the […]

News

Hurricane Dorian: RMS Estimate Potential Costs of $6.5bn

RMS, a leading global risk modeling and analytics firm, has estimated that insured losses to the Caribbean from Hurricane Dorian will be between $3.5 and $6.5 billion. This estimate represents insured losses associated with wind […]

News

CCRIF Makes $11m Initial Payment to Bahamas, Following Hurricane Dorian

CCRIF will pay The Bahamas approximately eleven million United States dollars (US$10,936,103) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the 700-island archipelago. The Bahamas has 3 tropical […]

Natural Catastrophe

Xceedance Launches Catastrophe Modelling Software Services

 In the wake of Hurricane Dorian, it’s useful for eveyone in the insurance sector to keep up to date with the latest disaster modelling software. The more information underwriters, insurers and brokers have, the better. […]