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Jamaica targets four hurricane season catastrophe bond renewal: Finance Minister

By |2024-05-09T14:27:29+00:00May 9th, 2024|Press Releases|

Jamaica is looking to renew its catastrophe bond cover that expired at the end of 2023 and the country’s Finance Minister Nigel Clarke said yesterday that a longer-term of protection will be sought with a new cat bond deal, with four hurricane seasons of cover to be the target. Jamaica had secured its first cat [...]

Zero appetite to weaken terms & conditions, reduce attachments: Munich Re CFO

By |2024-05-09T14:24:45+00:00May 9th, 2024|Press Releases|

There is zero appetite at reinsurance giant Munich Re to budge on attachment points or weaken any terms and conditions, the firm’s CFO Christoph Jurecka explained today. As we reported this morning, Munich Re had a very strong first-quarter to 2024 and said that April reinsurance renewals were positive in terms of volumes, but [...]

IAJ NEWS BULLETIN JULY TO DECEMBER 2023

By |2023-12-28T13:38:35+00:00December 26th, 2023|Bulletin, Press Releases, Uncategorized|

CLICK ON LINK BELOW IAJ NEWS BULLETIN JULY TO DECEMBER 23 FINAL EDITED 2 IAJ NEWS BULLETIN JULY TO DECEMBER 2023.  THIS BULLETIN HAS NUMEROUS INFORMATIVE ARTICLES RELATING TO THE PERFORMANCE OF THE INSURANCE ASSOCIATION OF JAMAICA AND SEVERAL MEMBER COMPANIES.

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