Cats News
Allstate’s combination cat losses close to attachment of franchise deductible cat bond
Artemis can report that the annual combination disaster losses relevant to US major insurer Allstate’s excellent disaster bond that includes a $1m franchise deductible...
Cats News
Allstate reviews $731m of Q1 cat losses, however Sanders Re mixture cat bonds seem protected
US major insurer Allstate added $343 million of disaster losses within the month of March, taking its Q1 2024 cat loss whole to $731...
Cats News
Allstate books $36m Sanders Re II cat bond recoverable after heavy 2023 cat loss 12 months
Allstate reported an enormous toll from extreme climate associated wind and hail occasions in 2023 and has booked a $36 million disaster reinsurance recoverable...
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Cats News
Allstate’s Sanders Re mixture cat bond retention eroded additional
US main insurer Allstate has issued an update on qualifying disaster losses for its mixture Sanders Re disaster bonds, with extra impacts by means...
Cats News
INSURE Act requires Federal Catastrophe Reinsurance, with cat bond backing
Lawmakers are being offered with a brand new invoice that proposes the creation of a disaster reinsurance program to assist insurers present extra protection...
Cats News
IAG buys extra cat reinsurance than anticipated at renewal, updates on storms
Australian major insurance coverage group IAG has renewed its predominant disaster reinsurance tower as much as $10.5 billion for calendar yr 2024, with the...
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Cats News
Allianz stories highest nat cat ratio in a decade for Q3, as European occasions chunk
German insurance coverage large Allianz has this morning reported that its Property-Casualty business section was hit with 7.3 proportion factors of pure disaster losses...
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