Already in 2024, the dollar amount of new Rule 144A property catastrophe bonds issued and settled has reached the second-highest level on record, with almost $12.8 billion in completed property cat bond deals tracked in the Artemis Deal Directory so far this year.Using our charts you can analyse the mix of issuance we include in … Read more
Change Healthcare says it has notified approximately 100 million Americans that their personal, financial and healthcare records may have been stolen in a February 2024 ransomware attack that caused the largest ever known data breach of protected health information. Image: Tamer Tuncay, Shutterstock.com. A ransomware attack at Change Healthcare in the third week of February … Read more
Investment manager Amundi US has continued to attract capital to its most recently launched dedicated insurance-linked securities (ILS) fund strategy, as the Pioneer CAT Bond Fund has now reached $426 million in assets, now roughly tripling in size over the course of 2024 so far.This success in raising capital for the investment manager’s first dedicated … Read more
Surplus strains market hits new premium report amid business challenges | Insurance coverage Enterprise America Insurance coverage Information Surplus strains market hits new premium report amid business challenges New report exhibits E&S enterprise booming Insurance coverage Information By Steven Byerley The U.S. surplus strains insurance coverage market reached a big milestone in 2023, surpassing $100 … Read more
The Sumter County Sheriff’s Workplace is the newest sufferer claimed by the Rhysida ransomware group, which has threatened to leak knowledge together with scans of IDs and fingerprints. The Florida county legislation enforcement company disclosed that it had skilled a ransomware assault in a Fb publish Tuesday, saying it might work with the Florida … Read more
