Ohio Storm Losses Reach Historic Levels at $400 Million
A series of severe thunderstorms and a possible “derecho” event caused over $400 million in insured losses for Ohio, making
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Insurance Linked Securities Face Morality Premium
“Perceptions of immorality” tied to catastrophe bonds and other insurance linked securities (ILS) may be forcing issuers to pay investors
Catastrophe Bonds Not “Immune” to Euro Breakup: Aon
While insurance-linked securities are often marketed for their “non-correlation” to credit and equity markets, ILS would not be spared losses
China Faces Serious Flooding Threat: AIR, RMS
A weekend storm system fueled by Typhoon Vicente that has already caused over $1.5 billion in economic losses around
Catastrophe Model “Common Flaws,” “Blind Spots” Questioned in IAIS Report
While the reinsurance industry may not post a systemic risk to the larger financial system, the use of “interdependent” catastrophe
Crop Insurers Shaded From Drought Losses: Fitch
A catastrophic drought hitting much of the U.S. will likely cause losses for crop insurers, but a significant federal
