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Published on Jan 2, 2025

Taiping Re launches Asia’s first dual-perils CAT bond

Taiping Re, a unit of China Taiping Insurance Group, has issued Asia’s dual-perils, dual-triggers catastrophe bond (CAT bond) in Hong Kong to bolster its catastrophe risk management. This offering is designed to cover the risks of earthquakes in China and …

Source: Life Insurance International - Label Pending
Published on Jan 2, 2025

Taiping Re sponsors Asia’s first dual-perils and triggers cat bond in Hong Kong

Taiping Reinsurance Co., Ltd sponsored the issuance of Asia’s first dual-peril, dual-trigger catastrophe bond on 31st December 2024 in Hong Kong, enhancing its catastrophe risk management capabilities. The $35 million sized cat bond was issued through a …

Source: Reinsurance News - Neutral
Published on Jan 2, 2025

Hong Kong appetite for catastrophe bonds grows as Taiping Re becomes sixth issuer

Investors in Hong Kong are showing greater appetite for catastrophe bonds following the latest issuance by Taiping Reinsurance, the sixth such offering of insurance-linked securities in the city since the regulatory regime began in 2021. Taiping Re raised …

Source: South China Morning Post - Uncategorized
Published on 00:26 GMT

Reinsurance costs fall as sector deploys record capital

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The cost of property catastrophe reinsurance has fallen 8 per cent globally, reflecting reinsurers’ record supply of capital, …

Source: The Financial Times - Neutral
Published on Dec 30, 2024

Fidelis secures $375m of collateralized reinsurance via latest cat bond

Fidelis Insurance Bermuda Limited (FIBL) has successfully closed a new catastrophe bond, Herbie Re Ltd. (Series 2024-2), which provides the firm with $375 million of collateralized reinsurance protection against U.S., DC, Puerto Rico, and Virgin Islands …

Source: Reinsurance News - Neutral
Published on Dec 31, 2024

Global reinsurance capital up 7% to $607bn in 2024: Guy Carpenter, AM Best

Data from Guy Carpenter, the reinsurance broking arm of Marsh McLennan, and ratings agency AM Best, shows that global reinsurer capital has grown by approximately 7% year-on-year, rising from $568 billion in 2023 to a projected $607 billion in 2024, with …

Source: Reinsurance News - Neutral

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Published on January 2, 2025 - 21:10 GMT

Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Company

LA JOLLA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the completion of the Company’s acquisition of First Indemnity of America Insurance Company (“FIA”), effective January 1, …

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Published on January 2, 2025 - 21:30 GMT

Kreidler’s office details options to improve insurance for carceral healthcare providers

December 31, 2024 OLYMPIA, Wash. — Washington state Insurance Commissioner Mike Kreidler’s office submitted a report to the state Legislature on Thursday on liability insurance for community-based healthcare providers. The report presents six policy …

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Published on January 2, 2025 - 23:51 GMT

Express Restoration Helps Customers Navigate the Complexities of Insurance for Water, Fire, and Flood Damage

EDMOND, Okla., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Express Restoration, a trusted leader in disaster restoration services, is helping homeowners and businesses navigate the complexities of insurance claims for water, fire, and flood damage. With a focus on …

Distribution channels: Building & Construction Industry, Media, Advertising & PR ...
Published on January 2, 2025 - 18:16 GMT

Verisk Wildfire Model is the First Catastrophe Model Under Review for Insurance Ratemaking in the State of California

Jersey City, Jan. 02, 2025 (GLOBE NEWSWIRE) -- In a groundbreaking step toward a more resilient and sustainable property insurance market in California, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, announced today that it …

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Published on December 31, 2024 - 18:42 GMT

Health Insurance Carriers Strengthening Offerings for 2025

Health insurance carriers strengthen 2025 plans with expanded subsidies, lower out-of-pocket costs, improved preventive care, and more telehealth services FORT COLLINS, CO, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- Health insurance …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 31, 2024 - 20:26 GMT

Winter Weather May Increase Home Insurance Claims: Tips for Staying Prepared

FAIRFAX, VA, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- As temperatures drop and winter storms become more frequent, homeowners face an increased risk of property damage from frozen pipes, heavy snow, and ice buildup. Insurance claims …

Distribution channels: Building & Construction Industry, Consumer Goods ...
Published on December 31, 2024 - 22:00 GMT

Western Investment Company Completes the Acquisition of All the Remaining Shares in Fortress Insurance Company

CALGARY, Alberta, Dec. 31, 2024 (GLOBE NEWSWIRE) -- The Western Investment Company of Canada Limited (TSXV: WI) ("Western" or "WICC"), today announced that, further to Western's news release of October 1, 2024, WICC has completed …

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Published on December 31, 2024 - 17:02 GMT

Market study suggests options to improve insurance costs for housing providers

December 19, 2024 OLYMPIA, Wash. — A report submitted to the Washington State Legislature on Thursday details the state of the insurance market for housing providers receiving funding from the state’s Housing Trust Fund program and offers 12 potential …

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Published on January 2, 2025 - 21:57 GMT

AM Specialty Maintains A- (Excellent) Rating from AM Best

AM Best reaffirms AM Specialty's A- (Excellent) rating, citing strong capitalization, strategic growth, and underwriting excellence. DALLAS, TX, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- AM Specialty Insurance Company (ASIC) …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 2, 2025 - 18:52 GMT

Evertreen and All Personal Partner to Combine Leadership Development with Global Reforestation Efforts

ONTARIO, CANADA, January 2, 2025 /⁨EINPresswire.com⁩/ -- Evertreen, the global platform that makes it simple to plant real trees online, is excited to announce its partnership with All Personal, a Canadian award-winning leadership and team coaching …

Distribution channels: Business & Economy, Companies ...
Published on January 2, 2025 - 17:56 GMT

Global Impact Wellness Group Expands Access to Mental Health Services in Communities Nationwide

Licensed mental health organization with over 20 years of experience, expanded their services to children, adolescents, adults, and families. CATONSVILLE, MD, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- In a critical development for …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on January 2, 2025 - 11:00 GMT

Georgia’s Largest Small Business Lender Welcomes New CEO

Martina Edwards Leads ACE | Access to Capital for Entrepreneurs Into its 25th Year of Growth ATLANTA, GA, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Martina Edwards is now at the helm of ACE | Access to Capital for Entrepreneurs as the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 2, 2025 - 21:30 GMT

HCI Group’s 4.75% Convertible Senior Notes Due 2042 Became Convertible on January 1, 2025

TAMPA, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has announced that its 4.75% Convertible Senior Notes Due …

Distribution channels: Insurance Industry ...
Published on January 2, 2025 - 21:10 GMT

Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Company

LA JOLLA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the completion of the Company’s acquisition of First Indemnity of America Insurance Company (“FIA”), effective January 1, …

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Published on January 2, 2025 - 08:53 GMT

San Diego Personal Injury Law Firm Ends 2024 With Significant Expansion and Generous Donations to Local Charities

SAN DIEGO, CA, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Moseley Collins Law, a leading San Diego personal injury law firm, is proud to announce the opening of six new offices across three states – California, Oregon, and Arizona – as …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on January 2, 2025 - 16:45 GMT

SCOR finalizes the sale of its stake in the Humensis group

Press release 02 January 2025 - N° 01 SCOR finalizes the sale of its stake in the Humensis group SCOR announces that it has finalized the sale of its stake in the capital of Humensis to Huyghens de Participations, the holding company of the Albin Michel …

Distribution channels: Companies, Insurance Industry ...
Published on January 2, 2025 - 16:45 GMT

SCOR finalise la cession de sa participation dans le groupe Humensis

Communiqué de presse 02 janvier 2025 - N° 01 SCOR finalise la cession de sa participation dans le groupe Humensis SCOR annonce la finalisation de la cession de sa participation au capital de la société Humensis à la société Huyghens de Participations, …

Distribution channels: Companies, Insurance Industry ...
Published on January 2, 2025 - 13:00 GMT

MICA Announces $16 Million Dividend

PHOENIX, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Today Mutual Insurance Company of Arizona® (MICA) announced that its Board of Trustees has declared a policyholder dividend of $16 million. The dividend will be allocated among participating policyholders who are …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on January 1, 2025 - 23:42 GMT

Phoenix Medical Malpractice Law Firm Ends 2024 With Significant Expansion and Generous Donations to Local Charities

PHOENIX, AZ, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Moseley Collins Law, a leading Phoenix personal injury law firm, is proud to announce the opening of six new offices across three states – California, Oregon, and Arizona – as well …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on January 1, 2025 - 19:29 GMT

Portland Personal Injury Law Firm Ends 2024 With Significant Expansion and Generous Donations to Local Charities

PORTLAND, OR, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Moseley Collins Law, a leading Portland personal injury law firm, is proud to announce the opening of six new offices across three states – California, Oregon, and Arizona – as …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on January 1, 2025 - 18:00 GMT

California Nonprofit Bridges the Gap Between Homeowners and Contractors to Strengthen Communities

A Nonprofit Mission: HICP prioritizes people over profits, empowering homeowners and contractors to create stronger, safer, and more connected neighborhoods. CA, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Home Improvement Consumer …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on January 1, 2025 - 13:00 GMT

PES Benefits Joins The Voluntary Benefits Voice as a Key Contributor

Voluntary Advantage is excited to announce that PES Benefits will be a Key Contributor to The Voluntary Benefits Voice starting in January 2025. CO, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Voluntary Advantage is excited to announce …

Distribution channels: Insurance Industry ...
Published on January 1, 2025 - 12:00 GMT

Appliance Warranty Companies Dominate Consumer Searches: HomeWarrantyCompanies.com Reveals Top Picks

HomeWarrantyCompanies.com highlights the best appliance warranty companies of 2024, helping homeowners make informed choices for protecting their investments. DE, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- As homeowners nationwide seek …

Distribution channels: Insurance Industry ...
Published on January 1, 2025 - 12:00 GMT

Choice Home Warranty Tops Consumer Reports: How Reviews Are Shaping the Future of Home Protection

Choice Home Warranty earns recognition in consumer reports, reflecting its role in shaping trends and meeting homeowner needs in the warranty industry. DE, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- As homeowners seek reliable options …

Distribution channels: Insurance Industry ...
Published on December 31, 2024 - 21:14 GMT

Kentucky Nursing Facility Sets New Standard with Dual Prestigious Achievements

Springfield Nursing and Rehabilitation Secures ‘Best of Ky’ Award and Deficiency-Free Survey SPRINGFIELD, KY, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- On Thursday, November 21, the Kentucky Association of Health Care Facilities…

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on December 31, 2024 - 18:13 GMT

PEOs Revolutionize Benefits Reconciliation, Offering Businesses Time and Cost Savings

Professional Employer Organizations (PEOs) streamline benefits reconciliation, ensuring accuracy and efficiency while reducing administrative burdens. TAMPA, FL, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- In a business landscape …

Distribution channels: Business & Economy, Companies ...
Published on December 31, 2024 - 17:32 GMT

PPN Awards Funding to Develop and Evaluate PANS/PANDAS Clinical Assessment

MOORESVILLE, NC, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- PANDAS Physicians Network (PPN) is proud to award $50,000 to Dr. Lauren Breithaupt, Assistant Professor, Director Peripheral-brain Interactions Neuropsychiatry Center at …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on December 31, 2024 - 17:00 GMT

Jason Ruedy, notes that homeowners are using home equity to consolidate debt and reduce monthly expenses amid inflation

Jason Ruedy, President of The Home Loan Arranger, notes that homeowners are using home equity to consolidate debt and reduce monthly payments amid inflation DENVER, CO, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- Jason Ruedy, …

Distribution channels: Banking, Finance & Investment Industry, Companies ...