Showing 1 to 8 of 8 results
Shanghai Reinsurance Exchange Surpasses Expectations in First Eight Months
In its first eight months, the Shanghai International Reinsurance Exchange facilitated nearly $618 million in premiums, $94.6 billion in outward reinsurance, and $9.5 billion in inward reinsurance, attracting numerous domestic and international institutions.
Shanghai Reinsurance Exchange Surpasses Expectations in First Eight Months
In its first eight months, the Shanghai International Reinsurance Exchange facilitated nearly $618 million in premiums, $94.6 billion in outward reinsurance, and $9.5 billion in inward reinsurance, attracting numerous domestic and international institutions.
Progress
32% Bias Score
Record Cat Bond Sales Reflect Insurers' Growing Climate Risk
Global catastrophe bond sales hit a record \$18.2 billion in 2023, exceeding 2024's \$17.7 billion, as insurers like Achmea and NN Group seek alternative risk management strategies to mitigate losses from extreme weather, driven by increased climate-related events and high inflation.
Record Cat Bond Sales Reflect Insurers' Growing Climate Risk
Global catastrophe bond sales hit a record \$18.2 billion in 2023, exceeding 2024's \$17.7 billion, as insurers like Achmea and NN Group seek alternative risk management strategies to mitigate losses from extreme weather, driven by increased climate-related events and high inflation.
Progress
40% Bias Score
Catastrophe Bonds Remain Stable Amidst Market Turmoil
Amidst market volatility caused by Donald Trump's import tariffs, catastrophe bonds—financial instruments hedging against disasters—remained stable, showcasing their role as a diversification tool, with a market value of \$52.2 billion projected to reach \$80 billion by the end of the decade, and th...
Catastrophe Bonds Remain Stable Amidst Market Turmoil
Amidst market volatility caused by Donald Trump's import tariffs, catastrophe bonds—financial instruments hedging against disasters—remained stable, showcasing their role as a diversification tool, with a market value of \$52.2 billion projected to reach \$80 billion by the end of the decade, and th...
Progress
40% Bias Score
Hawaii Lawmakers Tackle Property Insurance Crisis Amid Rising Global Reinsurance Costs
Hawaii lawmakers are grappling with a property insurance crisis triggered by rising global reinsurance rates following recent climate disasters, threatening homeownership in the state as insurers raise rates or leave the market.
Hawaii Lawmakers Tackle Property Insurance Crisis Amid Rising Global Reinsurance Costs
Hawaii lawmakers are grappling with a property insurance crisis triggered by rising global reinsurance rates following recent climate disasters, threatening homeownership in the state as insurers raise rates or leave the market.
Progress
44% Bias Score
German Car Insurance Prices Surge 43% Due to Repair Cost Increases
Due to rising repair costs, German car insurance prices increased by 43 percent from fall 2022 to the end of 2022, with further increases expected this year, though insurers anticipate profitability by 2025.
German Car Insurance Prices Surge 43% Due to Repair Cost Increases
Due to rising repair costs, German car insurance prices increased by 43 percent from fall 2022 to the end of 2022, with further increases expected this year, though insurers anticipate profitability by 2025.
Progress
24% Bias Score
CICAR-RE Reports 16% Turnover Increase Amidst Growing Market Competition
The CICAR-RE announced a 16% increase in its 2024 turnover to 136 billion CFA francs, resulting from effective board guidance, despite increased competition from new domestic and international reinsurance companies. The positive results will be presented to the general assembly for dividend distribu...
CICAR-RE Reports 16% Turnover Increase Amidst Growing Market Competition
The CICAR-RE announced a 16% increase in its 2024 turnover to 136 billion CFA francs, resulting from effective board guidance, despite increased competition from new domestic and international reinsurance companies. The positive results will be presented to the general assembly for dividend distribu...
Progress
32% Bias Score
North Carolina Homeowners' Insurance Premiums to Rise 15% by Mid-2026
North Carolina homeowners' insurance premiums will increase by an average of 15% by mid-2026, a compromise reached between the state Insurance Department and the insurance industry following a request for a 42.2% increase, reflecting factors like inflation, increased reinsurance costs, and the impac...
North Carolina Homeowners' Insurance Premiums to Rise 15% by Mid-2026
North Carolina homeowners' insurance premiums will increase by an average of 15% by mid-2026, a compromise reached between the state Insurance Department and the insurance industry following a request for a 42.2% increase, reflecting factors like inflation, increased reinsurance costs, and the impac...
Progress
20% Bias Score
California's Wildfire Insurance Crisis: Mass Cancellations and Controversial New Regulations
Due to rising wildfire risks, 2.8 million California homeowner insurance policies were non-renewed from 2020-2022, forcing many into the higher-cost FAIR plan; new regulations allowing insurers to include reinsurance costs in rate calculations aim to address the issue but face criticism for potentia...
California's Wildfire Insurance Crisis: Mass Cancellations and Controversial New Regulations
Due to rising wildfire risks, 2.8 million California homeowner insurance policies were non-renewed from 2020-2022, forcing many into the higher-cost FAIR plan; new regulations allowing insurers to include reinsurance costs in rate calculations aim to address the issue but face criticism for potentia...
Progress
40% Bias Score
Showing 1 to 8 of 8 results