2012
CEA Likes Catastrophe Bonds, Just Don’t Call It a “Sponsor”
Dec/31/2012 11:24 AM Filed in: Catastrophe Bonds
The California Earthquake Authority has set guidelines for alternative risk transfer. Read More...
Comments
Sandy Politics Trumps Reinsurance Catastrophe Models
A Willis Re report says cat models can’t measure political will following a disaster. Read More...
Swiss Re’s $12 Billion Longevity Question
Dec/10/2012 11:51 AM Filed in: Reinsurance | Life Structures
The reinsurer will be happy to hold onto the longevity risk with the hopes of building investor appetite to eventually offload the risk. Read More...
Reinsurance Drumbeat Intensifies as China Readies Catastrophe Plan
Nov/27/2012 04:45 PM Filed in: Reinsurance | Regulation
Lloyds has joined the industry in pointing out that China needs private market reinsurance. Read More...
Swiss Re, AIR Join Chorus of Sandy “Uncertainty”
Nov/26/2012 10:44 AM Filed in: Reinsurance | Modeling Firms
CCRIF Project to Focus on Caribbean Quake Hotspots
Nov/12/2012 12:09 PM Filed in: Modeling Firms
Brynjo: Know the Role of Cat Bonds and Hurricane Sandy
Nov/09/2012 01:47 PM Filed in: Catastrophe Bonds
The Armored Wolf manager says catastrophe bonds play a “rather specific role” in the reinsurance market.
Read More...
Read More...
Reinsurers, Insurers Face “Highly Uncertain” Sandy Loss Estimates: Fitch
Nov/09/2012 09:20 AM Filed in: Reinsurance | Modeling Firms
Storm Surge Becomes Sandy’s Loss Wildcard
Oct/29/2012 10:13 AM Filed in: Modeling Firms
The storm’s unique storm surge profile could push losses into the record books.
Read More...
Read More...
Hurricane Sandy U.S. Insured Losses Hinge On Storm’s Size, Slowness
Oct/27/2012 09:00 AM Filed in: Reinsurance | Modeling Firms
Commercial Market Shifting Focus Toward Catastrophe Risk: Swiss Re
Oct/17/2012 02:50 PM Filed in: Reinsurance
Rafael to Reach Hurricane Status, Remain Flood Threat: AIR
Oct/15/2012 02:29 PM Filed in: Modeling Firms
The ninth named storm of the 2012 season will steer clear of the U.S. coastline. Read More...
Lower Catastrophes Offer Insurers Third Quarter “Meh,” Reinsurers “Bleh”
Oct/15/2012 06:07 AM Filed in: Reinsurance
Moderate catastrophe losses will work in favor of the property/casualty industry’s third quarter, by analysts can’t find a long-term growth driver.
Read More...
Read More...
New Zealand Greens Push “Earthquake Bonds” to Rebuild Disaster Fund
Oct/08/2012 08:42 AM Filed in: Reinsurance | Regulation
Post event bonds would rebuild the disaster fund and the economy, the Green Party argues.
Read More...
Read More...
Validus Gets Nod for “Underappreciated” Sidecar, Joint Venture
Sep/27/2012 04:32 PM Filed in: Reinsurance
Odyssey Re Breaks New Ground With Million Dollar Romney Donation
Sep/26/2012 04:59 PM Filed in: Regulation | Reinsurance
U.S. Flood Insurance Unsustainable: Swiss Re
Sep/06/2012 03:45 PM Filed in: Reinsurance
Already a financial basket case, the U.S. flood insurance program is facing thousands of new claims. Read More...
Quake Hazard Map “Failure” Leading to Poor Modeling: Study
Sep/04/2012 11:47 AM Filed in: Modeling Firms
Hazard maps may be the least reliable way to measure earthquake risk, one study argues.
Read More...
Read More...
Democrat, GOP Platform Catastrophe Focus Limited to Crop Cover
Sep/04/2012 09:27 AM Filed in: Regulation | Reinsurance
Isaac Bouncing Off Private Market and Cat Bonds, Landing on NFIP
Aug/29/2012 02:52 PM Filed in: Reinsurance | Catastrophe Bonds
CEA New Wants $100M Reinsurance Contract to Act Like a Cat Bond
Aug/28/2012 02:00 PM Filed in: Reinsurance | Catastrophe Bonds
The California Earthquake Authority is looking to the proposal as a “first” for its reinsurance program. Read More...
Catastrophe Bonds Remain “Niche” Unless New Perils Emerge, Costs Fall
Aug/28/2012 08:29 AM Filed in: Catastrophe Bonds | Reinsurance
While alternative reinsurance may never dominate, it can grow at a sustainable pace, Fitch says.
Read More...
Read More...
Italy at Most Risk of Quake, but Least Prepared to Pay for It
Aug/27/2012 11:32 AM Filed in: Reinsurance
A new Swiss Re report paints a stark portrait for the Italian state’s post disaster financing future.
Read More...
Read More...
Crop Insurance Grows All Weather Profits Despite Drought
Aug/22/2012 03:18 PM Filed in: Reinsurance
Joplin Tornado Sparks New Reinsurance Requirement
Aug/22/2012 10:57 AM Filed in: Regulation | Reinsurance
Catastrophe Modelers Historic Loss Estimates Flawed: Clark
Aug/21/2012 10:23 AM Filed in: Modeling Firms | Reinsurance
Under Clark’s assumptions, 13 historic hurricanes would cause over $10 billion in losses today. Read More...
Assured Delays Life Fund Audit
Aug/16/2012 01:54 PM Filed in: Life Structures
Investors Juggle Axis, Flagstone and XL Stakes in Second Quarter
Aug/15/2012 09:15 AM Filed in: Reinsurance
Storms Cut Into Combine Re Rating
Aug/14/2012 09:23 AM Filed in: Catastrophe Bonds
Ohio Storm Losses Reach Historic Levels at $400 Million
Aug/14/2012 08:02 AM Filed in: Reinsurance
Insurance Linked Securities Face Morality Premium
Jul/27/2012 11:53 AM Filed in: Catastrophe Bonds
China Faces Serious Flooding Threat: AIR, RMS
Jul/24/2012 10:12 AM Filed in: Modeling Firms
Catastrophe Model “Common Flaws,” “Blind Spots” Questioned in IAIS Report
Jul/19/2012 01:06 PM Filed in: Modeling Firms
Crop Insurers Shaded From Drought Losses: Fitch
Jul/18/2012 04:00 PM Filed in: Reinsurance | Regulation
Japan Continues to Bear the Brunt of Catastrophe Price Spike: Marsh
Jul/17/2012 04:56 PM Filed in: Reinsurance | Modeling Firms
Colorado Wildfire Losses Hit $449.7M; Waldo Blaze Sets New Record
Jul/17/2012 11:03 AM Filed in: Reinsurance
CEA Cat Bond, Collateralized Reinsurance Push Gains Steam
Jul/17/2012 09:58 AM Filed in: Reinsurance | Catastrophe Bonds
Staff at the California Earthquake Authority are putting a major emphasis on alternatives.
Read More...
Read More...
India Cyclone Model Released by AIR
Jul/16/2012 09:06 AM Filed in: Modeling Firms
U.S. Dominates First Half 2012 Catastrophe Losses
Jul/13/2012 08:43 AM Filed in: Reinsurance | Modeling Firms
A vast majority of the $12 billion in insured losses are tied to severe storms in the U.S.
Read More...
Read More...
Reinsurers’ Plentiful Frustration With New Capital
Jul/12/2012 09:23 AM Filed in: Reinsurance | Catastrophe Bonds
AIR Continues Catastrophe Bond Supremacy
Jul/10/2012 06:16 PM Filed in: Modeling Firms | Catastrophe Bonds
China June Disaster Costs Hit $350 Billion While U.S. Tallies Wildfire Losses: Aon
Jul/10/2012 09:39 AM Filed in: Modeling Firms | Reinsurance
U.S. State Catastrophe Pools Reaching Record $900 Billion Loss Exposure
Jul/09/2012 02:06 PM Filed in: Reinsurance
Industry Triggers Make Catastrophe Bond Headway
Jul/09/2012 11:44 AM Filed in: Modeling Firms | Catastrophe Bonds
PERILS Ups Windstorm Andrea Losses to 335 Million Euros
Jul/04/2012 07:06 AM Filed in: Modeling Firms
Andrea was one of the most destructive of six storms that hit Europe earlier in the year.
Read More...
Read More...
NFIP Privatization Faces Flood of Modeling, Mapping, Financial Hurdles
Despite promises of a “study,” the private market is far from prepared to cover U.S. flood. Read More...
Downgraded But ‘Innovative’ Calabash Cat Bond Matures
Jun/28/2012 10:00 AM Filed in: Catastrophe Bonds
Calabash helped revive the market after the 2008 collapse, but was eventually downgraded.
Read More...
Read More...
Colorado Storm Losses Pegged at $320 Million While Wildfires Still Burn
Jun/26/2012 04:40 PM Filed in: Reinsurance
Debby Changes From Wind to Water Hazard: Modelers
Jun/25/2012 12:35 PM Filed in: Modeling Firms
Losses are more likely in the government-backed flood program than private wind policies. Read More...
Study May Spark New Pandemic Risk Transfer Debate
Jun/22/2012 11:38 AM Filed in: Life Structures
The bird flu pandemic may be much closer to reality, and model updates and a mortality bond push may not be far behind. Read More...
NFIP Ready for Five Year Renewal, But Without Major Reforms
Jun/21/2012 09:22 AM Filed in: Regulation | Reinsurance
Alterra Fuels Sidecar, Puts Berger in Rear View
Jun/20/2012 03:36 PM Filed in: Reinsurance
Alterra renews a catastrophe sidecar just as a rating agency gets “comfortable” with new management. Read More...
Australian Quake Unlikely to Reach Major Losses
Jun/20/2012 08:16 AM Filed in: Modeling Firms | Reinsurance
Private Market Balks at U.S. Crop Insurance/Reinsurance Changes
Jun/19/2012 07:42 AM Filed in: Reinsurance
Florida’s Biggest Homeowners Carrier Ups Reinsurance Over $100 Million
Jun/14/2012 01:57 PM Filed in: Reinsurance
The state’s biggest private carrier increased its private contracts across the board. Read More...
Former Zurich Exec Beats Out California Quake Leader for Citizens' Spot
Jun/13/2012 01:53 PM Filed in: People Moves
Western Wildfires Threaten U.S. Losses
Jun/12/2012 10:33 AM Filed in: Modeling Firms
Lancashire Seeks Accordion Encore Performance
Jun/11/2012 10:07 AM Filed in: Reinsurance
The side car moved quickly to take advantage of the 2011 market and now is ready to race again. Read More...
Life Securitization Stalled, Sector Pins Hope On Embedded Revival
Jun/08/2012 01:11 PM Filed in: Life Structures
Italy Quake, China Flood And U.S. Storms Top May Losses: Aon
Jun/07/2012 01:57 PM Filed in: Modeling Firms
U.S. P/C Industry Runs Out of Reserve Runway In 2013
Jun/07/2012 07:46 AM Filed in: Reinsurance | Regulation
Florida Catastrophe Renewals Getting Custom Treatment: Guy Carpenter
Jun/06/2012 10:08 AM Filed in: Reinsurance
Caribbean Catastrophe Fund Renews, Offers Rebate and Rainfall Policy
Jun/05/2012 05:51 PM Filed in: Reinsurance
The CCRIF is giving back to its members, which will hopefully take-up the new rainfall cover. Read More...
Catastrophe Retro is Getting “Very Expensive”: JPMorgan
Jun/05/2012 09:22 AM Filed in: Reinsurance
Endurance Joins Florida Low Collateral Reinsurance Rush
Jun/04/2012 03:30 PM Filed in: Reinsurance
Endurance is the 19th foreign reinsurer to take advantage of the low collateral rules. Read More...
Validus Renews $70M AlphaCat for Florida Risks
Jun/01/2012 03:54 PM Filed in: Reinsurance
The sidecar is the second vehicle to announce at the start of the 2012 hurricane season.
Read More...
Read More...
Florida, Texas and North Carolina Remain Highest Hurricane Risk
Jun/01/2012 01:26 PM Filed in: Modeling Firms
But Colorado State researchers say individual state’s risk of hurricane remains below longer-term averages. Read More...
Renaissance Re Hops Back Into Sidecar, Soaks-Up Florida Catastrophes
Jun/01/2012 10:54 AM Filed in: Reinsurance
Global Earthquake Model Backs Asia-Pacific Hazard Scheme
Jun/01/2012 02:54 AM Filed in: Modeling Firms
$200 Million Residential Re Catastrophe Bond Places
Jun/01/2012 01:51 AM Filed in: Catastrophe Bonds
U.S. P/C Capital “Solid” for Hurricane Season, But Reserves Diminishing: S&P
May/30/2012 02:37 PM Filed in: Reinsurance
The industry can take a catastrophe hit, but the reserve lifeline is running out for commercial lines. Read More...
EQECAT Ups Italian Quake Loss Estimate by 600%
May/30/2012 10:11 AM Filed in: Modeling Firms
Catastrophe Bond Mystic Re II Winds Down
May/29/2012 06:18 PM Filed in: Catastrophe Bonds
60,000 at Most Risk in New Italian Quake
May/29/2012 09:42 AM Filed in: Modeling Firms
The new quake comes a week after $100 million estimated insured loss in the same region.
Read More...
Read More...
Munich Re Keeps Rating Despite Catastrophe Drag
May/25/2012 03:22 PM Filed in: Reinsurance
Private Market, Florida Cat Fund Can Take Tepid Hurricane Season: Fitch
May/24/2012 04:57 PM Filed in: Catastrophe Bonds | Reinsurance
Fitch says enough underwriting capacity exists for a mild tropical storm season. Read More...
New Plea for Insurance-Linked Securities Volcker Exemption
May/24/2012 11:15 AM Filed in: Regulation
Massachusetts Defends Insurers’ $200M Tornado Response
May/23/2012 10:20 AM Filed in: Regulation
Zombie Catastrophe Bond Nelson Re Lives On
May/22/2012 04:59 PM Filed in: Catastrophe Bonds
Agriculture, Commercial Losses Driving Italian Quake Claims
May/22/2012 07:59 AM Filed in: Modeling Firms
Validus Re CEO Resigns In Management Shake Up
May/22/2012 01:03 AM Filed in: Reinsurance
No Euro Windstorm “Silver Bullet” for Insurers: PERILS
May/21/2012 09:50 AM Filed in: Modeling Firms
Location, Limited Take-Up Will Curb Italian Quake Losses: AIR
May/20/2012 10:13 PM Filed in: Modeling Firms
$2 Billion In Claims as Joplin Anniversary Approaches
May/18/2012 04:04 PM Filed in: Regulation
CEA Primed for $300 Million More in Catastrophe Bonds
May/17/2012 07:35 PM Filed in: Catastrophe Bonds
Kansas, Oklahoma and Iowa Focus of Tornado Losses: Modelers
Apr/16/2012 02:53 PM Filed in: Modeling Firms
The Unbearable Lightness of Reinsurance ROE
Apr/11/2012 12:39 PM Filed in: Reinsurance
While capital may be stable, reinsurers continue to lose long-term profit ground. Read More...
U.S. Cat Exposed Areas See Double-Digit Q1 Rate Increases: Marsh
Apr/10/2012 01:03 PM Filed in: Reinsurance | Modeling Firms
Reinsurers’ Microinsurance “Reluctance” Changing
Apr/10/2012 10:21 AM Filed in: Reinsurance
A Munich Re report says that reinsurers are finding ways to make microinsurance profitable.
Read More...
Read More...
Insured Losses Top $1B From U.S. Storms, Tornados: Aon Benfield
Apr/10/2012 09:09 AM Filed in: Modeling Firms
890 Million Urban Dwellers at Risk of Natural Disaster: UN
Apr/09/2012 07:28 AM Filed in: Modeling Firms
Tornado Outbreak Possibly Biggest March Activity in 60 Years: RMS
Mar/05/2012 10:41 AM Filed in: Modeling Firms
Thailand No Longer ‘Catastrophe Remote’: S&P
Feb/29/2012 02:48 PM Filed in: Reinsurance
Assured Fund Resets Mortality, Cuts NAV
Feb/22/2012 11:19 AM Filed in: Life Structures
RMS Looks Beyond Catastrophe Risk to Trading Risk
Feb/21/2012 10:36 AM Filed in: Modeling Firms
Texas Windstorm Pool Looks for an Overhaul
Feb/21/2012 09:05 AM Filed in: Reinsurance | Regulation
U.S. Reinsurance Prices Jump at January Renwals
Jan/11/2012 11:12 AM Filed in: Reinsurance
The U.S. avoided a large hurricane and earthquake, but could not avoid price increases. Read More...
Mississippi Ranks Last in Hurricane Building Code Adoption
Jan/10/2012 06:57 AM Filed in: Modeling Firms | Regulation
A new report places Mississippi at the bottom, while praising Florida’s efforts.
Read More...
Read More...
Third Point Re Scores A- from A.M. Best
Jan/09/2012 02:14 PM Filed in: Reinsurance
Storm Clusters Will Bring Difficult Winter for Europe: RMS
Jan/09/2012 11:36 AM Filed in: Modeling Firms