How To Make It Really Rain After a Wildfire Paid Members Public
Hedge funds cash in wildfire bet.
Two Reasons Why Daniel Loeb Dropped Out of the Catastrophe Bond Business Paid Members Public
Third Point Reinsurance Ltd. — the Bermuda-based insurance play of hedge fund manager Daniel Loeb — announced Thursday that his firm is dropping its catastrophe fund platform called Third Point Reinsurance Opportunities Fund Ltd and transferring the remaining business to Hiscox Insurance Company. According to the press release, despite “very attractive returns”
Models Make Terrorism Risk Advances Primed for ILS, But Questions Remain Paid Members Public
Following Congressional failure to renew the U.S. terrorism insurance backstop, industry professionals agree that terrorism exposures can modeled and may even be an attractive risk for securitization if traditional insurance and reinsurance players pull back from the market. But with an almost infinite possible maximum loss — and a limited