CCRIF Project to Focus on Caribbean Quake Hotspots
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has signed a two year, $235,000 agreement to help fund new monitors
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L’Aquila Verdict: A Catastrophe Modeling Foreshock
The guilty verdict against six scientists and a government civil servant for manslaughter in an Italian court may be a
Brynjo: Know the Role of Cat Bonds and Hurricane Sandy
In the aftermath of Hurricane Sandy several catastrophe bonds issuers and insurance-linked securities managers gave quick notice that Hurricane
Reinsurers, Insurers Face “Highly Uncertain” Sandy Loss Estimates: Fitch
Modeled insured loss estimates following Hurricane Sandy remain “highly uncertain” with the possible impact on insurance and reinsurance balance sheets
Storm Surge Becomes Sandy’s Loss Wildcard
The unique and historic nature of Hurricane Sandy’s storm surge component makes estimating pre-event insured losses a losing
Hurricane Sandy U.S. Insured Losses Hinge On Storm’s Size, Slowness
Worries over potential insured losses from Hurricane Sandy have catastrophe modeling firms focusing on the storm’s massive wind field
Commercial Market Shifting Focus Toward Catastrophe Risk: Swiss Re
Buyers in the global commercial insurance market are shifting focus away from “entrepreneurial” risks and towards physical loss threats, including
Rafael to Reach Hurricane Status, Remain Flood Threat: AIR
Tropical Storm Rafael, which has already flooded low lying areas of the Caribbean, is expected to become a Level 1
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
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
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
