Reinsurers’ Plentiful Frustration With New Capital
Mid-year reports issued by the largest brokers over the past two weeks show that hedge funds, sidecars and catastrophe
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Earthquake Triggered Mexico Catastrophe Bond, Until It Didn’t
The March 20th magnitude 7.4 earthquake that struck Mexico initially triggered the government-issued $290 million catastrophe bond, but
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
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
Downgraded But ‘Innovative’ Calabash Cat Bond Matures
Calabash Re III – a $100 catastrophe bond pumped up for its “innovative” collateral but ultimately downgraded because of “Hurricane RMS”
Colorado Storm Losses Pegged at $320 Million While Wildfires Still Burn
Storms that ravaged Colorado in early June caused over $320 million in insured losses and making it the state’s
Debby Changes From Wind to Water Hazard: Modelers
Tropical Storm Debby may become a major flood event for parts of Florida as the system moves onshore and stalls,
Study May Spark New Pandemic Risk Transfer Debate
A study released Thursday says that a global “Bird Flu” pandemic is much closer to realization and may force reinsurers
