Florida’s Residents Property Insurance coverage Company has confirmed that it has efficiently accomplished its reinsurance renewal for the 2025 hurricane season, securing the focused conventional and disaster bond protection for lower than the finances that had been set.Recall that, for 2025, Florida Residents had a goal to safe $4.49 billion of whole threat switch, throughout … Read more
Twelve Securis, the specialist insurance-linked securities funding supervisor, shouldn’t be anticipating any affect to the World Financial institution disaster bond or any of the agency’s personal ILS positions as a result of losses attributable to main hurricane Erick in Mexico yesterday.As we had reported, Erick quickly intensified into a serious hurricane because it approached landfall … Read more
Convex Group, the specialty insurance coverage and reinsurance firm, has now secured its newest disaster bond to offer the 50% upsized $150 million of capital markets retrocession from the brand new Hypatia Ltd. (Sequence 2025-1) issuance, with the unfold priced 17% under the mid-point of the preliminary steering vary.Convex made its return to the disaster … Read more
Florida’s Residents Property Insurance coverage Company has leaned extra closely on the disaster bond marketplace for its 2025 threat switch technique, with CFO Jennifer Montero revealing that 70% of the insurer’s complete threat switch program, together with each new and persevering with protection, is now backed by cat bonds.Talking throughout Artemis’ current Disaster Bond and … Read more
SV SparkassenVersicherung (SV) is setting its sights on future disaster bond exercise after making its market debut earlier this yr with the $100 million Liongate Re DAC issuance, a landmark deal co-sponsored with Japan’s Zenkyoren.In response to SV Chief Monetary Officer (CFO) Roland Oppermann, the transaction not solely overcame long-standing obstacles for the regional German … Read more
