Increased capacity for property catastrophe reinsurance, including record cat bond issuance, signal a potential softening of rates, but an active hurricane season could counteract these trends, Howden Re reports.
Amid increased competition and capacity, the April 1 reinsurance renewals signal a more predictable market, with competition for higher catastrophe layers, according to a report by Aon.
Insurers are making a major impact on the health of the world’s oceans through their support of blue bonds, a form of debt swap that enables developing nations to fund marine conservation efforts.
The Insurance-Linked Securities market saw a record surge in catastrophe bond issuance and robust growth in 2023, driven by a calm catastrophe year and new risk offerings.
The gap between how much it costs to rebuild and valuations is menacing commercial real estate. Here’s a look into how brokers and carriers help clients get it right.
Mehb Khoja’s team at BCS Financial removes claim roadblocks by amplifying treatment outcomes and savings available through its cost-containment solution.
Taking a leading role in battling climate change is a topic close to the heart of Steve Weinstein, chairman of the Bermuda Business Development Agency.