catastrophe bond

Lawmakers Cross the Aisle For US Catastrophe Bond Bill Members Public

During a period of partisan wrangling, House Democrats and Republicans have come together over insurance-linked securities.

Chris Westfall
insurance

New Zealand Developing Ash Fall Model Members Public

Development of the ash fall model comes weeks after an announcement of the word’s first cat bond triggered by the peril.

Chris Westfall
insurance

Texas to Explore Reinsurance Boost, Cat Bond Reset and Broker RFP Members Public

The Texas Windstorm Insurance Association (TWIA) will consider upping its reinsurance purchase by $100 million, including a reset of its existing catastrophe bond lineup, as it prepares for the June 1 renewal. Separately, the wind pool will send out its reinsurance broker mandate for review with RFPs hitting the market

Chris Westfall
catastrophe bond

California Quake System Tees Up Further Risk Transfer Members Public

The California Earthquake Authority (CEA) is moving ahead with plans to transfer more of its catastrophe risk into the private market following a board meeting last week where staff argued “additional risk transfer diversification” was needed. Citing 2015 risk transfer expenses of $210 million, a staff board presentation said that

Chris Westfall
catastrophe bond