Foreign Reinsurance Tax Becomes Lucrative Political Football
Desperation for acceptable forms of tax revenue is reigniting the debate over the foreign reinsurance deduction. According to an article
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New Zealand Quake Commission Claims Hit $1 Billion
The New Zealand Earthquake Commission (EQC) has paid out over $1 billion in claims since the first of a series
Remodeling Catastrophe Bonds
by Pascal Karsenti, CCM, Manager, Insurance Linked Securities, AIR Worldwide In today’s burgeoning insurance-linked securities (ILS) market, investors
Tornados Cut Through Mariah’s Rating
Mariah Re Ltd., a catastrophe bond covering American Family Mutual Insurance from severe thunderstorms, had its rating cut by Standard
2011 Tornado Season Rare, but Not Unheard Of
Spring tornados that caused at least $15.5 billion in insured losses in the United States were a once in
Missouri River Flooding Intensifies: AIR
Flooding caused by heavy rain and melting snow is cresting in North Dakota and now threatens the downstream Missouri River
Severe Weather Created Billions in May Losses: Aon
Total economic and insured losses from severe weather will reach into the billions after severe thunderstorms, flooding and wildfires plagued
Marsh to Offer Nephila, Guy Carp ILW
Marsh announced Tuesday that it will offer corporate client’s access to the County Weighted Industry Loss (CWIL) Index, and
Coastal Storm Model Would Settle Wind vs. Water Debate
The U.S. government would be responsible for creating a catastrophe model to measure storm surge and windspeeds that would
AIR Estimates Tornado Insured Losses Could Reach $7 Billion
AIR Worldwide said the severe thunderstorms that struck the United States in late May will result in insured losses between
Following Downgrade, PartnerRe Issues New Tornado Losses
PartnerRe Ltd. on Sunday issued an initial loss estimate related to the April U.S. tornado outbreak of between $50
Tornado Frequency Continues to Vex Modelers, Insurers
The tornado that struck Joplin, Missouri Sunday reveals that the insurance and catastrophe modeling industry will face greater challenges as
