Storms Cut Into Combine Re Rating
Combine Re — at $200 million catastrophe bond hailed by market participants for its unique way of blending issuers and risks
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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
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
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
Japan Continues to Bear the Brunt of Catastrophe Price Spike: Marsh
Over a year after the Tohoku earthquake and tsunami, Japan is seeing the largest increases in catastrophe pricing with spikes
Colorado Wildfire Losses Hit $449.7M; Waldo Blaze Sets New Record
The preliminary insured loss from the June Colorado wildfires total $449.7 million, with the Waldo Canyon blaze becoming the
CEA Cat Bond, Collateralized Reinsurance Push Gains Steam
The California Earthquake Authority (CEA) has upped its collateralized reinsurance contract with Nephila Capital by $100 million — and is back
India Cyclone Model Released by AIR
Boston-based AIR Worldwide has released a new cyclone model for India — including a new industry exposure database — with the
U.S. Dominates First Half 2012 Catastrophe Losses
The lion’s share of the $12 billion in worldwide insured losses that occurred in the first half of 2012
