Lower Catastrophes Offer Insurers Third Quarter “Meh,” Reinsurers “Bleh”
Primary property/casualty insurers should post decent third-quarter earnings given low catastrophe losses, but reinsurers will continue to tread water
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New Zealand Greens Push “Earthquake Bonds” to Rebuild Disaster Fund
New Zealand’s Green Party is proposing issuance of billions in newly created “Earthquake Bonds” as a way to replenish
Validus Gets Nod for “Underappreciated” Sidecar, Joint Venture
Equity analysts at Credit Suisse initiated coverage of reinsurer Validus Holdings, setting a share-price target of $42, and citing the
Odyssey Re Breaks New Ground With Million Dollar Romney Donation
Odyssey Re has put the reinsurance on the U.S. presidential election radar by contributing a $1 million to Republican
U.S. Flood Insurance Unsustainable: Swiss Re
While the National Flood Insurance Program (NFIP) being inundated with thousands of new claims following Hurricane Irene’s storm surge,
Quake Hazard Map “Failure” Leading to Poor Modeling: Study
Earthquake hazard maps that underlie catastrophe modelers’ insured loss estimates are poorly constructed and are leading to significant predictive failures,
