shutterstock_1524423452

15 February 2024Reinsurance

WTW secures Munich Re backing for insuring Hawaii’s iconic coral reefs

An environmental charity has bought a new coral reef insurance policy that expands coverage around the main Hawaiian islands and increases payouts after qualifying storms. The policy, purchased by The Nature Conservancy (TNC) in conjunction with WTW, is backed by Munich Re. It replaces the first US coral reef insurance policy purchased in 2022.

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

Secondary perils an outdated term, says Swiss Re

13 October 2026 Extreme heat creates interconnected risks across insurance value chain, experts say.

Liberty Mutual Re makes parametric earthquake payout to Mexico

13 October 2026 Safehub sensors recorded ground shaking within 80km of epicentre.

UK, US and Japan tighten rules on asset-intensive reinsurance: Fitch

13 October 2026 PRA proposes raising capital as regulators target recapture and counterparty risk.

More articles

P&I rate increases to slow at February renewals despite persistent underwriting losses

Contour secures Lloyd’s capacity to launch global cyber proposition

Political risk insurance offers route to mobilise emerging market capital: Moody’s

Gallagher hires Marsh executive to strengthen corporate client offering

Generali promotes senior leader to internal audit chief

The Hartford expands technology and claims leadership in reshuffle

CRC Specialty lures property broker from rival wholesaler

Isaias insured losses likely between $1-$2bn: Verisk

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