A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year bond will pay 5.9 percent interest, state-backed Pool …
SUNZ Unveils New Brand Identity SUNZ Insurance Company, which provides large deductible workers’ compensation programs to Professional Employer Organizations (PEOs), staffing agencies and self-insured employers, launched its new brand identity. The new brand identity includes a new corporate logo and …
AIG announced that it has entered into a five-year reinsurance transaction with Tradewynd Re Ltd., which will provide $125 million of indemnity reinsurance protection against U.S., Caribbean and Gulf of Mexico named storms and U.S. and Canadian earthquakes. A diversified …