Insurance Commission of The Bahamas
• Poinciana House, East Bay Street, Nassau, New Providence 00000, Bahamas, Fax: (242)328-1070
icb.gov.bsAbout Insurance Commission of The Bahamas
Latest News & Analysis
NJM Insurance secures upsized $250m Lower Ferry Re 2026-1 cat bond
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. NJM Insurance has now successfully secured the upsized $250 million of northeast US named storm reinsurance from the capital markets with its new Lower Ferry Re Ltd. (Series 2026-1) issuance, with all three tranches of notes pricing below initial guidance, Artemis can report. NJM Insurance made its return to the catastrophe bond market around the middle of […] NJM Insurance secures upsized $250m Lower Ferry Re 2026-1 cat bond was published by: www.Artemis.bm catastrophe bond deal directory our free weekly email newsletter here.
New Zealand’s NHC secures record NZ$12.3bn reinsurance programme
For 2026, the Natural Hazards Commission Toka Tū Ake (NHC) has secured a record NZ$12.3 billion in reinsurance protection, which is a 20%, or $2.1 billion increase from last year’s NZ$10.3 billion programme. The cover will provide substantial financial protection for New Zealand homeowners in the event of a major natural hazard disaster. The NHC […] The post New Zealand’s NHC secures record NZ$12.3bn reinsurance programme appeared first on ReinsuranceNe.ws.
Descartes and Nextpower launch parametric insurance solution for extreme wind conditions
Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, and Nextpower™, a provider of solar and power technology solutions for utility-scale power plants, have partnered to launch an integrated parametric insurance solution for extreme wind conditions. By leveraging site-level wind data from Nextpower meteorological stations, this new product aims to […] The post Descartes and Nextpower launch parametric insurance solution for extreme wind conditions appeared first on ReinsuranceNe.ws.
Severe weather outbreaks in US & Canada likely to cause losses reaching single-digit billions USD: Aon
Total economic and insured losses related to the severe weather outbreaks that affected a large swath of the northern and central United States and southern Canada on June 5 – 11 will likely reach single-digit billions USD, according to Aon’s recent Weekly Cat Report. Between June 5 and June 8, a series of storm systems […] The post Severe weather outbreaks in US & Canada likely to cause losses reaching single-digit billions USD: Aon appeared first on ReinsuranceNe.ws.