Industry Triggers Make Catastrophe Bond Headway
This story was updated July 12 to reflect the accurate relationship of Verisk Analytics and PCS in the fourth paragraph.
This story was updated July 12 to reflect the accurate relationship of Verisk Analytics and PCS in the fourth paragraph.
PERILS AG upped insured loss estimates for a January’s Windstorm Andrea to 335 million euros, a 25 percent increase
Renewal of legislation backing the U.S. National Flood Insurance Program (NFIP) promises to “study” private market reinsurance capacity to
Calabash Re III – a $100 catastrophe bond pumped up for its “innovative” collateral but ultimately downgraded because of “Hurricane RMS”
Storms that ravaged Colorado in early June caused over $320 million in insured losses and making it the state’s
Tropical Storm Debby may become a major flood event for parts of Florida as the system moves onshore and stalls,