Shutterstock_1814961938

15 January 2024Insurance

New bill to create $50bn federal backstop for catastrophe reinsurance

Democrat Representative Adam Schiff has proposed legislation in the US House of Representatives that would create a $50 billion federal backstop for catastrophe reinsurance.

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

Lloyd’s greenlights AdA to launch own managing agency

29 September 2026 AdA Managing Agency will oversee Lloyd’s Syndicate 2024.

Capacity pooler Helios delivers 17p return as Lloyd’s profits build

29 September 2026 Lloyd’s investor points to better 2024-2025 YOA forecasts and more capital returns.

Homeowners insurers turn corner, improved results open door to California

29 September 2026 Migration to catastrophe-exposed states keeps losses in the crosshairs, warns AM Best.

More articles

Lloyd’s greenlights AdA to launch own managing agency

Capacity pooler Helios delivers 17p return as Lloyd’s profits build

Homeowners insurers turn corner, improved results open door to California

Berkshire’s Nico pays $1.12bn to end Hartford asbestos showdown

Markel unifies Singapore and Malaysia operations under new Southeast Asia lead

Aon unveils risk tools to sharpen property, casualty decisions

SiriusPoint kicks off sports cover for college NIL with specialist partnership

Sun Life Bermuda expands into participating life insurance

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