US hurricane risk to be covered by Foundation Re III
The Hartford is planning a $100m cat bond Foundation Re III. It will cover US wind risk.
Further details are not yet available.
But insurer would be only on the hook for 10% of claims costs above $350m mark
Shutdown risk will be a defining feature in companies risk mitigation planning - and insurers, reinsurers and brokers will take advantage
Global Reinsurance spoke to Andrew Woodward to find out his ambitions for Lloyd’s in the Middle East, and how it can help the region’s insurance market thrive
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