AIR Continues Catastrophe Bond Supremacy
AIR Worldwide has modeled 91% of the catastrophe bond tranches issued since rival Risk Management Solutions (RMS) updated windstorm product
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China June Disaster Costs Hit $350 Billion While U.S. Tallies Wildfire Losses: Aon
A series of monsoons, earthquakes and floods have caused at least $350 billion in economic losses for China last month
U.S. State Catastrophe Pools Reaching Record $900 Billion Loss Exposure
U.S. residual catastrophe pools have grown from “last resort” insurers into monster carriers that often dominate coastal markets and
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.
PERILS Ups Windstorm Andrea Losses to 335 Million Euros
PERILS AG upped insured loss estimates for a January’s Windstorm Andrea to 335 million euros, a 25 percent increase
NFIP Privatization Faces Flood of Modeling, Mapping, Financial Hurdles
Renewal of legislation backing the U.S. National Flood Insurance Program (NFIP) promises to “study” private market reinsurance capacity to
