Tropical cyclone activity in the Western North Pacific region is likely to be at below-normal levels through the remainder of 2010, according to a statement [http://www.gccapitalideas.com/
A series of earthquakes occurred in Baja California — including a 7.4 magnitude event near Guadalupe Victoria, Mexico — was the leading cause of insured losses last month, according to Aon
It will take several low loss years for property insurers to sustain profitability and even that will not guarantee the industry’s long term viability, according to a new academic
by Dave Pelland BOSTON – As if it weren’t challenging enough trying to manage risks caused by the Earth’s weather patterns, scientific research is increasingly pointing to the potential
The outlook for catastrophe bonds, industry-loss warranties (ILW) and other forms of insurance linked securities (ILS) remains “strong” even though many sponsors have remained on the sidelines, according to
Although spreads on catastrophe bonds have dropped 40 percent since 2009 and rates offered by industry loss warranties (ILWs) have stabilized they continue to find tough competition from a soft
The lack of major natural disasters helped the reinsurance industry replenish its capital base last year, according to a report by Aon Benefield. But 2010 could turn out to be
Earnings of French reinsurers and carriers will deteriorate in the coming months as losses pile up from February’s Windstorm Xynthia, according to a commentary from Standard & Poor’s
EQECAT is updating the software database portion of its primary modeling platform as part of a multi-year plan to update the product, says Bill Keogh, senior vice president of
Property/casualty reinsurers have incurred $16 billion in catastrophe losses in the first quarter of 2010 leaving them in a precarious position going into the new hurricane season, according to
Oakland, Calif.-based catastrophe modeling firm EQECAT has hired Marian Szefler as senior vice president of software architecture where he will be responsible for the firm’s “overall re-architecture
The focus of the Japanese property/casualty industry on the domestic market will continue to pressure earnings in the foreseeable future, according to a report issued by Moody’s Investor
