The Global Earthquake Model (GEM) is throwing its support behind a new accord among Asia-Pacific scientists that endorses natural hazard data sharing for the disaster prone region. “We are
USAA has placed its 17th catastrophe bond into the market Thursday with a $200 million, four year deal that continues its Residential Reinsurance Ltd. series. Standard & Poor’s rated
U.S.-based property/casualty insurers are “generally on solid financial footing” and their credit ratings will be able to withstand large catastrophes during the 2012 hurricane season, according to
Catastrophe modeling firm EQECAT has upped its original insured loss estimates for Italian earthquake following a magnitude 5.8 and 5.4 aftershocks that struck the region Tuesday. EQECAT upped
Liberty Mutual-sponsored catastrophe bond Mystic Re II gave its notice Tuesday that the $225 million vehicle had matured and would be canceled, according to the Cayman Islands Stock Exchange.
Tens-of-thousands of northern Italian residents and their properties were at the highest risk from magnitude 5.8 earthquake that struck the region on Monday, according to a statement
Reinsurance giant Munich Re had its AA- debt rating affirmed by Fitch on Friday despite what the agency describes as “weakened” capital levels and less-than-strong property/casualty underwriting
Despite suffering declines in surplus and shareholder equity from 2011 catastrophes, insurers and reinsurers have enough underwriting capacity to withstand a forecasted “below average” 2012 Atlantic Hurricane season, according to
Wall Street banks have sent another request to U.S. regulators to exempt insurance-linked securities from a list of prohibited transactions being considered as part of the much debated
Insurers in the Bay State responded appropriately to claims made after the June 1, 2011 tornados that caused nearly $200 million in insured losses, according to a report issued Tuesday
Long suffering $76.5 million Nelson Re catastrophe bond will live through the summer as Glacier Reinsurance elected to extend the notes as an arbitration battle continues, according to a
Commercial destruction — especially farm and lost equipment around the regional cheese industry — will drive the majority of the insured losses following Sunday’s 6.0 earthquake in Italy, according to
