shutterstock.com/Yuriy K_2149239033/IncrediVFX_shutterstock.com_1704013489

27 March 2025Insurance

Cat bond vehicle for California wildfires licensed

Insurance group Sutton National has registered restricted special purpose insurer Greengrove Re in Bermuda in order to launch a catastrophe bond to cover California wildfires.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Soft market opens buyer’s window for marine insurance, but act fast: BMS

29 June 2026 Falling rates, rising capacity could create a short-lived opportunity for insureds.

Markel strengthens claims value proposition with senior Chubb adjuster

29 June 2026 Appointment supports complex warranty and indemnity claims capability.

Guy Carpenter adds in-house veteran as head of global clients

29 June 2026 Internal promotion strengthens global client engagement strategy.

More articles

Sixth Street to buy Monument Re, Hannover Re stays onboard

Reinsurer earnings to peak this year, cat pricing to bottom out in 2028

Ratings agencies suspend data feeds to NAIC after massive cybersecurity breach

Florida Citizens renewal sends a warning to property-cat reinsurers

Soft market opens buyer’s window for marine insurance, but act fast: BMS

Listing confidential: Hub files for US IPO

Record capital, collapsing property rates dominate mid-year renewals: Guy Carpenter

Markel strengthens claims value proposition with senior Chubb adjuster

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze