ILW

PERILS with CRESTA CLIX to simplify reporting for cat bond & ILW risk transfer: CEO – Go Health Pro

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PERILS with CRESTA CLIX to simplify reporting for cat bond & ILW risk transfer: CEO – Go Health Pro

Last year, catastrophe data aggregator and industry loss estimate provider PERILS revealed an extension to its services, with a new methodology that combines its standard data methodology with that of CRESTA CLIX, which the firm’s CEO Christoph Oehy has said will simplify the process for risk transfer use-cases including catastrophe bonds and ILW’s.Back in November, … Read more

Bermuda market increased ILW, quota share, retrocession use in 2023 – Go Health Pro

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Bermuda market increased ILW, quota share, retrocession use in 2023 – Go Health Pro

According to new survey data collected by the Bermuda Monetary Authority (BMA), Bermuda-based insurance and reinsurance companies made increased use of industry-loss warranties (ILW’s), quota share arrangements and retrocession in 2023.The Bermuda financial market regulator each year publishes its stress test results and an assessment of catastrophe risk exposure in the local insurance and reinsurance … Read more

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