The California Earthquake Authority (CEA) plans to transfer $3.283 billion in earthquake risk to the reinsurers and the capital markets in 2012, according to recently released proposal. The CEA
A nearly decade inability to offer a return on equity capital will eventually cost the reinsurance industry investor backing, according to a report issued by Standard & Poor’s on
Whether Tropical Storm Katia threatens the U.S. as a hurricane will depend on how the storm “recurves” over the Atlantic, says Robert Muir Wood, chief research officer with Risk
Catastrophe modeling firm EQECAT said Tuesday that Typhoon Nanmadol has caused between $200 million and $600 million worth of insured losses in Taiwan before cutting a path to China. Losses
Tropical Storm Nanmadol will reach mainland China Tuesday but insured damage is expected to be limited as the government initiates precautions and sparse take up of private insurance curtails losses,
Fears that several catastrophe bonds exposed to Hurricane Irene would experience a loss are now vanishing from the market following initial estimates that are below common trigger levels. But heavy
Any debate that wind damage was responsible for a majority Hurricane Irene losses — as opposed to publicly backed flooding — will likely be short lived given the nature of the storm.
Hurricane Irene will not create enough loss for the private property/casualty market in order to impact pricing, according industry watchers But the weekend storm will likely put even more
Typhoon Nanmadol cut a path of a destruction through the Philippines causing an estimated PHP955 million ($22.5 million) in damages as it makes its way into the industrial hub
Hurricane Irene was not a triggering event for member countries of the Caribbean Catastrophe Risk Insurance Facility (CCRIF), however the storm’s track may portend a particularly dangerous period for
The newly minted $150 million catastrophe bond program structured by the California Earthquake Authority (CEA) could act as new shot across the bow of the reinsurance industry by taking business
The second named storm of 2011 is expected to graze the Bahamas and Bermuda before turning out to sea and avoiding U.S. landfall while the Japanese coast will feel
