CEA Primed for $300 Million More in Catastrophe Bonds
This story was update with an additional comment from a CEA spokeswoman. Staff at the California Earthquake Authority (CEA) received
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Kansas, Oklahoma and Iowa Focus of Tornado Losses: Modelers
A weekend convective storm outbreak in the U.S. Midwest– including 122 tornados in a 24 hour period between April
The Unbearable Lightness of Reinsurance ROE
While capital may be stable, reinsurers continue to lose long-term profit ground. Return on equity (ROE) for the reinsurance
U.S. Cat Exposed Areas See Double-Digit Q1 Rate Increases: Marsh
U.S. insurance programs with catastrophe exposure averaged between 10 percent and 20 percent increases in the first quarter of
Reinsurers’ Microinsurance “Reluctance” Changing
The international private reinsurance market is slowly warming to the idea of backing catastrophe microinsuance policies and weather products, according
Insured Losses Top $1B From U.S. Storms, Tornados: Aon Benfield
Over 70,000 claims adding up to $1.1 billion in insured losses are tied to a severe weather outbreak
890 Million Urban Dwellers at Risk of Natural Disaster: UN
At least 890 million people that live in urban areas are exposed to at least one major risk of natural
Tornado Outbreak Possibly Biggest March Activity in 60 Years: RMS
The reported 129 tornadoes that struck the central and southeast U.S. between March 2 and March 3 would place
Thailand No Longer ‘Catastrophe Remote’: S&P
Thailand as should no longer be considered “catastrophe remote” market as a result of the recent floods and ratings downgrades
Assured Fund Resets Mortality, Cuts NAV
Caymans-based life settlement manager Assured Fund has reset the life expectancy estimates on its portfolio of policies and will
RMS Looks Beyond Catastrophe Risk to Trading Risk
Risk Management Solutions is stepping up its game in the catastrophe bond market with its new Miu Pricing service that
Texas Windstorm Pool Looks for an Overhaul
The Texas insurance pool targeted at hurricane events is looking to restructure, with possible outcomes including allowing state carriers to
