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“As a physician anesthesiologist who has previously been on assignment for Doctors Without Borders in a resource-depleted region fraught with conflict, I’d like to say there’s little I haven’t seen. But now, after four weeks of staffing COVID intensive care units and emergency response teams throughout New York City, I struggle to distinguish between the…
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The UK’s Financial Conduct Authority (FCA), one of the key financial market regulators and part of the Bank of England, is to run a test case to help establish the validity of business interruption claims from the Covid-19 pandemic. Numerous major global insurers are involved, including leading players such as AIG, Allianz, Arch, Argenta, Aspen,…
Read MoreDo you have a credit card? The answer almost certainly is yes, so pull it out of your wallet and scan for something that looks like the Wi-Fi symbol you see on laptops and cellphones. If you find this symbol, your credit card is contactless. That means the next time you make a purchase at…
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Tokio Marine HCC, the specialty insurance underwriter and part of the Tokio Marine Group, is aiming to create a ‘centre of excellence’ focused on renewable energy insurance, now that its acquisition of GCube has completed. GCube is a managing general agent (MGA) and underwriter focused on the renewable energy sector as well as weather risk…
Read MoreWelcome to the “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers. Today’s question is about Social Security; specifically, whether you’re better off taking Social Security at full retirement age and investing it, or simply waiting to take it at age 70. Watch the following video, and you’ll pick…
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The Texas Windstorm Insurance Association’s (TWIA) new Alamo Re II Pte. Ltd. (Series 2020-1) catastrophe bond issuance has successfully been doubled in size thanks to strong demand from investors and will now provide the residual market property insurer $400 million of reinsurance protection. TWIA returned to the catastrophe bond market last month, with a new…
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Becoming a manager of third-party capital from investors interested in accessing the returns of legacy insurance and reinsurance business is a “key goal” for Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager said today. In announcing its results, R&Q explained that it sees tapping into the…
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Universal Insurance Holdings, a Florida headquartered and expansive primary insurance carrier, has secured the largest private market catastrophe reinsurance renewal in its history, with capital market support again evident and Nephila Capital a key participant. The insurance carrier group has bought a catastrophe reinsurance tower that extends up to $3.26 billion of coverage, $1.3 billion…
Read MoreHere are the ten most popular news articles, week ending 31st May 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish. Ten most read articles on Artemis.bm,…
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This research comes from Yellowbrick, the industry’s leading data warehouse for hybrid cloud. There’s new data that shows how COVID-19 has changed us. For example,…
The post Hybrid Cloud: The Impact Of The COVID-19 On Technology appeared first on ValueWalk.
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