Travelers Companies (TRV) reported stronger-than-expected fourth-quarter earnings on Wednesday amid an increase in premiums and net investment income even as hurricanes pushed catastrophe losses ...
"Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), higher net investment income and higher net ...
A new study by specialist manager of catastrophe bond and insurance-linked securities (ILS) funds, Plenum Investments, has ...
This is forecast to happen despite lower rates in the January renewals. Global reinsurers are expected to maintain strong ...
Full-year catastrophe bond and related insurance-linked securities (ILS) issuance hit a record $17.7 billion in 2024 as ...
On Friday some catastrophe bonds saw further negative secondary market price movements due to potential exposure to aggregate ...
With losses expected to be measured in the tens or hundreds of billions, the municipal finance industry begins to take stock ...
They are bonds issued by the United States government that pay interest twice a year, like regular Treasury bonds, but which also raise the face value of the bond in line with consumer prices.
Risk to Ratepayers In recent decades, LADWP has made efforts to improve its customer ties. Its history, though, is checkered: Its dogged pursuit of water from well beyond city limits helped shape the ...
For various buyers of protection, the insurance-linked securities (ILS) market remains an integral part of their overall reinsurance purchasing decision, ...
Surely, then, it is a bad time to own catastrophe bonds? These are securities that protect issuers, mostly insurers and ...
Catastrophe bonds play an important role in keeping the insurance market functioning. But what happens catastrophe actually ...