Despite its price having recovered back almost to par across catastrophe bond pricing sheets in recent weeks, US insurer Allstate’s $150 million Class B tranche of notes from the Sanders Re II Ltd. (Series 2021-2) issuance that provide both occurrence and aggregate reinsurance has seen its maturity date extended by three years.The scheduled maturity date … Read more
Artemis has learned that FEMA has increased its estimate for National Flood Insurance Program (NFIP) losses from hurricane Helene, raising the figure to $6.75 billion and as a result two FloodSmart Re catastrophe bond tranches have had their maturity dates extended, with partial repayments of principal to be made.The U.S. Federal Emergency Management Agency’s (FEMA) … Read more
The first long-range forecast for the 2025 Atlantic hurricane season was released today, with Tropical Storm Risk (TSR) projecting there could be 15 named storms, 7 hurricanes and 3 major hurricanes next year, which would be roughly aligned with the 30-year norm.While these extended range forecasts are typically taken with a grain of salt, they … Read more
I CIO italiani e il gemello digitale È quel che ha fatto Pierangelo Perdomi, CTO di AVR Group: convinto del valore per AVR del gemello digitale (che permette di creare copie digitali dinamiche di oggetti o sistemi fisici), ha studiato sul mercato le aziende che già proponevano soluzioni di questo tipo e ha cercato di individuare … Read more
Cradlepoint announced its phased rollout strategy for the industry’s first 5G-optimised Secure Access Service Edge (SASE) solution designed for the enterprise and purpose-built for Wireless Wide Area Network (WAN) deployments. With unique cellular capabilities and the simplicity of Cradlepoint’s cloud-based management platform, NetCloud Manager, Cradlepoint 5G SASE features zero trust, cellular intelligence along with cloud … Read more