catastrophe bond
California Quake System Tees Up Further Risk Transfer Paid 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
How Non-Modeled Risks, “All Natural Perils” Will Change the Catastrophe Bond Market Paid Members Public
Reinsurance and catastrophe bond professionals are seeking new risks to cover, pushing the catastrophe modeling firms to keep pace with the appetite of issuers and investors In a report issued last week by Guy Carpenter, the firm said that risks not traditionally assumed by the capital markets will become accepted
Allstate Not Ready to Up Its Catastrophe Bond, Reinsurance Spend Paid Members Public
The chairman and CEO of Allstate Insurance remains hesitant that market conditions are right for second largest property/casualty carrier in the U.S. to issue another catastrophe bond or dive further into the use of third-party capital sources of reinsurance. “I don’t think you expect to see anything
