China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference in Hong Kong this week, Li Yunze, the Chairman of the National Financial Regulatory Administration (NFRA), explained China’s ambition to see more of its own insurance and reinsurance companies establishing international branch offices in Hong Kong.
He also highlighted ILS as a continued focus, asking re/insurers to look to the Special Administrative Region as a location to sponsor catastrophe bonds and insurance-linked securities (ILS) out of.
“The Financial Regulatory...
Understanding state minimum requirements is essential for every Texas driver. Amco Auto Insurance, located in Houston, TX, is here to help you navigate these requirements and their cost implications. If you want clarity on how much coverage you need, our team can provide a car insurance quote that fits your situation.
Texas Minimum Requirements for Car Insurance
Each state has its own set of minimum car insurance requirements, typically including specific coverage types. Most states require a certain amount of liability insurance, which may help cover damages or injuries you cause to others in an accident.
Texas drivers are required to maintain minimum amounts of the following policies:
Bodily injury...
Bicycles are more than just a mode of transportation; they represent a significant investment for many, especially with the rise of high-end models designed...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
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Chad Duke, Vice President/Risk Advisor, and Pim Jager, Vice President/Benefits Consultant, were recently featured on the ESOP Podcast discussing captive insurance and...
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There are many different uses for surety bonds in the Affordable Housing industry. In our surety practice, we work frequently with contractors...
Roadside assistance is a support service designed to help drivers when they experience unexpected issues with their vehicles. It ensures you are not...
Every industry faces unique risks, which play a significant role in determining insurance rates. Understanding the specific hazards associated with different sectors can help...
Medicare is a government service that helps millions of aging people access the healthcare coverage they need at a low cost. There are two types of
Medicare: Part A and Part B. Understanding Medicare regulations are complex, but it...
Thanks to the Affordable Care Act plan, which goes more commonly by Obamacare, millions of eligible Americans have the opportunity to shop for health insurance through the Health Insurance Marketplace. During a period known as Open Enrollment, those who...
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The Fourth Industrial Revolution may be a watershed moment in human history, eclipsing the transformative power of its predecessors through the fusion of physical,...
Understanding
health insurance and finding the right coverage isn’t always easy. There is a lot to comprehend, and often, accessing important and practical information...
Medicare is a collection of health insurance plans issued by the federal government for those over the age of 65 or younger with disabilities. Although Medicare plans exist to help mitigate the cost of health insurance as people get...
Ariel Re has now finalised its new Titania Re Ltd. (Series 2024-1) catastrophe bond transaction, securing the 86% upsized target of $325 million in multi-peril industry-loss triggered retrocessional reinsurance, while the notes have been priced a full percentage point...
Here’s a final reminder to register for our Artemis Live webinar, being held this week on November 21st 2024, in which industry expert speakers will explore the use of alternative capital sources by originators of insurance risk, such as managing...
Offering health insurance benefits is an excellent way to draw talent to your company. However, the cost isn't insignificant, so it's essential to plan your budget carefully. One approach is to work with a health insurance broker in Santa...
Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week...
You can control some aspects of your insurance costs. Your independent agent can help.
Much like the price of groceries and gasoline, insurance premiums are increasing. Especially if you haven’t had a claim, you...
Last Updated on January 25, 2021 by admin
There has been much media coverage of the Supreme Court Judgement made on the 15th January 2021 regarding the FCA Test Case involving some insurers business interruption wordings. Understandably this has caused...
“The boat is safer anchored at the port, but that is not the aim of boats.”― Paulo Coelho, The Pilgrimage
Did you know that you are not required to have boat insurance to operate a vessel on the water in...
Whether you’re planning an international vacation or taking the kids to see their grandparents, here’s how to book the best possible tripby Nicole Dieker October 30, 2023 | Money
The holidays are nearly upon us, which means it might...
Your agent is best positioned to advise you when they have all the facts.
Your local independent insurance agent is prepared to create a personalized coverage plan tailored to meet your and your family’s...
Last Updated on March 17, 2021 by adminTemporarily Closed Holiday Letting Properties – Updated 17th March 2021We appreciate the significant impact that government measures to control the spread of the coronavirus is having on all businesses, not least self-catering...
Last Updated on April 6, 2022 by adminIn response to the Covid-19 pandemic, the hospitality and tourism industry have pulled together to produce protocols across all sectors, including specific Covid-19 Holiday Let Cleaning Guidance for self-catering properties. The Covid-19...
Hurricanes can be among nature’s most destructive events.
Atlantic hurricane season runs from June 1 to November 30, though storms can take place outside of those dates. Take steps to minimize damage and speed...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out...
The New Year is a great time to set new goals and work on self-improvement. Often, people make resolutions to improve their health, finances, or relationships. However, one area that is frequently overlooked is estate planning. A simple will...
April is Alcohol Awareness month, bringing attention to the devastating impact of impaired driving. It's alarming that 32 lives are lost daily in the U.S. due to crashes involving alcohol-impaired drivers. By planning ahead and utilizing the plethora of...
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Survivorship life insurance, also known as second-to-die life insurance, is a type of policy that covers two individuals,...
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}This week's featured customer car is a little red Corvette. This 1998 convertible Corvette is a beautiful example of America's modern muscle car. McElhinny Insurance Agency insures all types of...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
You’ve been patiently searching for the perfect new car. You just signed your name on that last piece of endless paperwork. Now, with keys in hand, it’s finally time to drive off the lot.
But as you take in that...
More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage” as it is commonly called, is a severe problem in the United States. A retailer...
As the Markel CATCo retrocessional reinsurance investment portfolio story begins to draw towards its natural run-off conclusion, the Board of the London listed fund entity is seeking shareholder approval for a winding up of that specific strategy.As we reported...
On a relative basis, catastrophe bonds have rarely presented a more compelling investment opportunity than today, as despite spreads having tightened somewhat the cat bond asset class diversification offering can be at its strongest when other assets like equities...
“This post may contain affiliate links, if you click a link we may earn a commission if you purchase from that merchant.”
Traveling can be an exciting and enriching experience, but it also comes with its fair share of risks....
September is National Yoga Awareness Month. Starting yoga can feel intimidating, but remember it's a journey, not a destination. Find a comfortable space at home or a welcoming local studio to practice regularly. Many online resources and beginner classes...
