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Jamaica Catastrophe Bondholders Headed for ‘Full’ Trigger Event

by lpiccitto | Oct 28, 2025 | Uncategorized

Investors in Jamaica’s catastrophe bond now face a potential full payout scenario, meaning the entire value of the bond will likely go toward covering the cost of Hurricane Melissa.That’s according to Florian Steiger, chief executive of Icosa Investments AG, a...

People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO

by lpiccitto | Oct 27, 2025 | Uncategorized

This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new hires follows here. Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty Liberty Mutual Reinsurance (LM...

CyberCube: Insured Loss Estimate From AWS Outage Likely About $40M

by lpiccitto | Oct 27, 2025 | Uncategorized

Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million. CyberCube late last week put out a preliminary global insured loss estimate of between $38 million and $581 million for the AWS event, which …

JPMorgan Chase Fights Paying $115M Legal Tab for Convicted Fraudsters

by lpiccitto | Oct 27, 2025 | Uncategorized

For nearly three years, JPMorgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their financial aid startup Frank to the bank. But the two have racked up an astronomical, …

St. John’s University and ACORD Partner On Executive Education Programs

by lpiccitto | Oct 27, 2025 | Uncategorized

New York City’s St. John’s University is partnering with ACORD, the standards-setting body for the insurance industry, to offer virtual or in-person learning to employees of organizations that are members of ACORD. Programs focus on insurance fundamentals,...
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