The Obama Administration will face several decisions that could reshape the markets for insurance, reinsurance and insurance-linked securities. While some initiatives are more likely to pass through the political
A spike in severe thunderstorms — coupled with greater-than-expected losses from Hurricane Ike — made 2008 a costly year for U.S. property/casualty insurers. While industry representatives argue that
U.S.-based property/casualty insurers and reinsurers will not tap the capital markets anytime soon and will rely on their “vindicated” business model to cover risks in 2009. “The
Collateral held within catastrophe bond trust accounts will need to change dramatically if the industry hopes to revive the currently dormant market. New structures, higher rated paper and more transparency
Actuaries are not only surviving the industry-wide employment apocalypse, they are flourishing. Industry recruiters say that actuaries with insurance and reinsurance expertise remain highly sought after, weathering the employment
