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Allstate reports $220m September pre-tax cat losses, taking aggregate year to $3.37bn

US insurer Allstate has reported a smaller $220 million in pre-tax catastrophe losses for the month of September 2026, which ...
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Nascent Re issues $36m across Plymouth / Warwick preferred share insurance-linked securities

Nascent Re Ltd. a licensed reinsurance transformer owned and operated by Bermuda-based Nascent Group, has issued another $36 ...
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Moody’s estimates insured losses from hurricane Isaias in $2.5bn to $4.5bn range

Moody’s RMS Event Response has now provided an initial estimate of insurance industry losses from recent hurricane Isaias, placing them in a range between ...
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777 co-founder Wander pleads guilty to $500m+ scheme to defraud lenders and investors

Josh Wander, one of the co-founders of investment firm 777 Partners, has pled guilty to wire fraud and securities fraud in connection with a $500 million ...
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Generali launching Lloyd’s Syndicate 2031 Red Bridge, to enhance access to reinsurance capital

Global re/insurer Generali is the latest to enter the Lloyd's market with what seems a sidecar-like syndicate as a way to enhance and make its reinsurance ...
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CCRIF to pay US $17.4m to Panama after M7.7 quake triggers parametric coverage

CCRIF SPC, the regional parametric risk pool for the Caribbean and Central America, is set to make a payout of US $17.4 million to the government of ...