Insurers
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War insurers shrug off Rubymar sinking in Red Sea, rates stable
THE cost of war risk insurance through the Red Sea remained stable on Monday (Mar 4) despite the sinking of the Rubymar cargo ship as underwriters had already factored in…
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Chinese insurers warn of debt risks at property giant Vanke
SOME of China’s largest insurers are sounding an alarm over the debt risks of China Vanke, according to people familiar with the matter, as shares and bonds of the major…
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Why Insurers Are Reducing Coverage In Florida, California
Continually rising wildfire risk in California is pushing more insurers from doing business in the Golden State. Reuters / FRED GREAVES KEY POINTS The cost of insuring homes in California…
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Innovative Hedge Fund Announces Backing by Major Insurers to Mitigate Risk and Lock in Returns
Miami, FL – Investing for higher returns always involves more risk. But what if you could contractually insure most of that risk away? Thanks to the efforts of an innovative…
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Insurers Shun FTX-linked Crypto Firms As Contagion Risk Mounts
Representations of cryptocurrencies are seen in front of displayed FTX logo in this illustration taken November 10, 2022. Reuters Insurers are denying or limiting coverage to clients with exposure to…
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