Good morning, Today's brief: a prediction market pricing live hurricane landfall probability, Canada's worst catastrophe year on record driven by event clustering, and Florida's
A redemption panic that hit the private-credit market over the past several months is not the insurer/investor problem, according to industry professionals. However, a looming maturity wall is the one private-credit risk a buy-and-hold annuity book can't structure away.
Three new pricing inputs landed today for cat risk and AI risk.
California quake tail risk wags
Good Morning. This morning capital markets may systematically underpricing the biggest risks, and the fixes are arriving from external authorities rather than from the industries downstream of the exposure. In
The perfect market-dislocation play driven by wildfires, California's energy utility sector was made for activist and credit funds trading on companies buckling under ballooning liabilities. The AI-driven datacenter electricity-demand boom has changed the calculus.
Atlantic hurricane season opens today. Things to watch from risk, models and markets.
As the 2026 Hurricane seasons starts on Monday, risk and market professionals are playing a different El Niño hedge.
