The mechanism behind the headlines The source of the confusion is a contractual provision called the notice of cancellation -…
Browsing: record
The insurance-linked securities (ILS) market is in a strong position with record levels of catastrophe bond issuance and growing interest…
The Disaster Recovery Reform Act (SB 876, Padilla) would require insurers to maintain disaster recovery plans, double penalties during declared…
First quarter 2026 net income at W.R. Berkley Corp. increased about 23.4% compared to the same period a year ago…
Operating income hit an all-time high
Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said…
The global wind industry installed a record 165 gigawatts of new capacity last year, up 40% from 2024 and mostly…
San Francisco’s median house price jumped to a record $2.15 million in March, up 18% from a year earlier as…
Hydrologist Maureen Gutsch trudged through the mud and slush to confirm a grim picture: Colorado just had its worst snowpack…
Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total…
R&W is witnessing a recovery with North America experiencing the most pronounced pricing increase
According to a new report from Swiss Re Institute, whilst global insured losses in 2025, at US $107 billion, fell…
For the full year, buy-out sales totaled $31.3 billion, down 35% compared with 2024, with 683 contracts completed. Meanwhile, buy-in…
“We continue to invest to make it easier to do business with New York Life,” he said. “That includes expanding…