Direct-to-consumer insurtech company, Kin Insurance has hailed the substantial improvement in pricing for its latest catastrophe bond issuance, the $300 million Hestia Re Ltd. (Series 2025-1) transaction, the company’s largest cat bond yet.Kin sponsored its debut $175 million Hestia Re Ltd. (Series 2022-1) catastrophe bond cover back in April 2022. Kin returned to the catastrophe … Read more
Artemis has learned that SageSure, the coastal property managing general underwriter, has now successfully priced its latest catastrophe bond, securing the 20% upsized $150 million in named storm reinsurance sought from the Gateway Re Ltd. (Series 2025-2) issuance that will protect the Aurous and Elevate reciprocal exchanges.At the same time as securing the upsized amount … Read more
For people who hate making mundane phone calls, Google has an AI solution. On Thursday, the tech giant announced “Ask for me,” an experiment in its Search Labs testing ground for Google Search. The feature uses AI to call local businesses on your behalf and ask about pricing and availability. Currently, the feature works for calling nail … Read more
It’s not hidden to anyone that Apple’s old products are still valid today and offer decent performance. This also applies to the iPad 5th Generation. Years have gone by, and people are still thinking about getting this gadget for daily usage. The reason is that this device can still offer great performance. This blog will … Read more
With wildfires becoming a more recurring peril for the California property insurance market, alternative capital may be available to provide coverage, including through multiple-peril alternative reinsurance capital instruments, however “pricing is likely to remain a sticking point” according to analysts at Morningstar DBRS.In a new report, Morningstar DBRS has revealed that the on-going wildfires in … Read more