The Wrap: archive

Monday, August 172 stories

• 6:27 p.m.

  Talanx's Iran reserve tops storm toll in record half

  A €200 million provision for the Iran conflict outweighs named storms in Talanx's record first half, and the insurer still raised its full-year target.

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• 8:26 a.m.

  Mangrove builds cover for the third storm. Belize buys speed.

  A $111 million debut cat bond and a Bermuda sidecar give a Florida carrier cover for third and fourth hurricane events. The IDB and Swiss Re give Belize a $20 million swap that pays when a storm crosses a trigger.

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