Japan: Powerful M7.6 quake kills at least 48 people

Published on January 3, 2024
At least 48 people were killed by a magnitude-7.6 earthquake that hit Ishikawa Prefecture in central Japan on New Year's Day and caused a tsunami, the prefectural government confirmed yesterday.
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Gallatin Point targets cat risk with $1.25bn investment in AmFAM reciprocal TRUE

January 2, 2024
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred.Investor Gallatin Point Capital is making a US $1.25 billion investment into the American Family Insurance Group owned reciprocal insurer Trusted Resource Underwriters Exchange (TRUE), with a target to write catastrophe exposed property insurance in Florida and beyond.The deal sees fund

Reinsurance: Stable renewals observed at 1 Jan 2024 due to more favourable supply dynamics

January 3, 2024
Howden, the global insurance group, says in its annual market report released yesterday that relative stability has returned to the (re)insurance market following a period of turbulence that