Spokane, Washington wildfires could become a billion-dollar insured loss event
AM Best and reinsurance broker Gallagher Re have suggested that the areas in and around Spokane, Washington will suffer considerable insured losses from the ongoing wildfires, with Gallagher Re indicating that it has the potential to be a billion-dollar insured loss event, and could become the costliest insured wildfire event in Washington’s history. For context, […]
Twelve Securis sets up new distribution partnerships in Taiwan, as it builds-out Asia strategy
Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has set up new distribution partnerships in Taiwan with Concord Capital Management, and Uni-President, as the company continues to expand its presence across Asia’s institutional markets. Through its partnership with Concord Capital Management, a financial services subsidiary of Taiwan’s Concord Securities Group, the […]