GeoVera Nova insurance entities are seeking $350 million or more in US earthquake reinsurance protection from a new Veraison ...
"historically" soft market for the insurance-linked securities (ILS) sector, consultancy Lane Financial LLC said in a new ...
In the face of the most challenging insurance market in decades, the impact is being felt by insurance carriers, consumers, and business owners alike. With rising rates, non-renewals, and increasing ...
Bond insurance continues to be used by issuers and sees strong demand from retail and institutional investors, as the amount of debt wrapped by bond insurance rose 19.5% in the first half of 2024 year ...
"We've seen all buyers participate in deals with insurance across many different sectors, many different rating categories, and across the credit spectrum," said Paige Litten, a director at Assured ...
Bond insurance, or financial guaranty insurance, is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. Read on to learn more about bond insurance and ...
A first of its kind $45 million bond could spell better stability for the cyber insurance industry, which hasn't always looked so healthy in recent years. Reading time 2 minutes This week, ...
David Loesch, Principal/Co-owner, Fixed-Income Money Manager The DRL Group, specialists in Municipal & Corporate Securities. The DRL Group. To continue reading ...
Chancellor Metternich famously declared, “If France sneezes, the rest of Europe catches cold.” A current equivalent might be, “If the overall economy catches cold, state and local governments develop ...
Are you feeling confused about the insurance broker bond you were told you need to have? Don’t worry, many professions are required by state laws to be bonded in order to operate, and getting bonded ...
While no formal timeline has been announced, executives said monoline and sector-specific licensing is likely to feature on ...
NEW YORK (Reuters) - MBIA Inc , the world's largest bond insurer, is separating its municipal bond operations into a new unit as it looks to rebuild a business shattered by the subprime mortgage ...