Cyber ILS deals an opportunity to "lessen tail risk" for expanding product line: Fitch

Published on July 11, 2023
The issuance of Beazley's $45 million Cairney cyber catastrophe bond, and Hannover Re's $100 million, Stone Ridge Asset Management-backed retrocession
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Minor Quakes Rattle Parts of East Tennessee, Virginia

July 11, 2023
Multiple, minor earthquakes have been reported in western North Carolina in recent months but now they're being felt in Tennessee and Virginia, the U.S.

Subsidence-related insurance costs could reach £1.9bn by 2030: PwC

July 11, 2023
Sustained heat, floods and heavy rainfall could drive subsidence-related insurance costs to over £1.9bn by 2030, according to analysts at PwC. PwC's