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Statistics, Turkish insurance market
Published on October 26, 2024
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Fannie Mae’s $338.6m credit insurance risk transfer with 26 re/insurers
October 25, 2024
Fannie Mae, a government-sponsored enterprise (GSE), has announced that 26 re/insurers are supporting its seventh Credit Insurance Risk Transfer transaction of the year, CIRT 2024-L4, which effectively transferred $338.6 million in mortgage credit risk.This transaction allows for faster release of coverage under updated terms if the covered loan pool performs well.Additionally, the insurance premi
A ‘silent’ low-carbon transition is already underway in the insurance sector: LMA
October 28, 2024
Ahead of the next COP meeting, the Lloyd’s Market Association (LMA) commissioned a report, Underwriting the Transition, where KPMG examined the challenges, risks, and rewards of the low-carbon transition for the insurance sector over the next two decades, focusing on eight key economic sectors in the Lloyd’s market and mapping potential decarbonisation pathways.Based on KPMG’s expertise and interv
