WASHINGTON, Oct. 25, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its seventh Credit Insurance Risk Transfer™ (CIRT™) transaction of the year. CIRT 2024-L4 ...

Enact Holdings (ACT) said its mortgage insurance unit secured ~$170M of additional excess of loss ("XOL") reinsurance coverage in a transaction that's part of its diversified credit risk transfer ...

Learn how credit default insurance protects against borrower default risks through credit derivatives like swaps, helping investors manage credit exposure efficiently.

GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The company is the latest among several large companies sued over similar ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has warned that it will take action if Eurozone lenders try to reduce their capital ...

Natural disasters such as floods, droughts, earthquakes, and extreme heat have become more frequent, with higher economic costs, due to climate change, urbanization, population growth and growing ...