A key to insured and economic losses tied to still developing tropical system named Hermine may be measuring and anticipating the destruction of protective coastal dunes following the consistent drumbeat
The Congressional Budget Office (CBO) released a report this week [https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51518-Hurricane-Damage.pdf] saying models it ran
Warren Buffett is more concerned about global interest rates and the reinsurance industry’s declining float then the possibility of a climate change induced super-catastrophes. “If super-cats become
Citing the “significant” increase in the amount of alternative capital being used by the industry, state insurance regulators are proposing new disclosures of insurance-linked (ILS) holdings within insurers’ financial
The $29 billion Alaska Retirement Management Board (ARMB) hired Schroder Investment Management North America last month to run a $75 million insurance-linked securities allocation, according to board documents. The
The after-tax return-on-equity (ROE) for U.S. homeowners insurance business jumped in 2015 helped by imploding reinsurance prices and catastrophe experience that pushed back loss ratios, according
Forecasts calling 2015 possibly one of the least active hurricane seasons of the 20th century may eventually lead to a call that the North Atlantic has entered a “inactive era,
A $1.9 million insurance payout from the World Bank to the government of Vanuatu following a devastating cyclone two weeks ago will only scratch the surface of the island
Existing risk models are not accurately capturing the growing risk from severe convective storms in the U.S. — including tornado, hail and thunderstorm — causing insurers and reinsurer to be blindsided
XL Group CEO Michael McGavick is set to receive a 140% “performance factor” tied to his 2014 compensation resulting in over $4 million in annual incentive pay, according to the
The commission responsible for overseeing Florida’s catastrophe pool has rejected a proposal to push the yield envelope on its $17 billion in assets at a Monday meeting. “There is
A new study suggesting El Niño and La Niña’s influence on U.S. tornado activity is just a piece of a larger puzzle that catastrophe modelers, insurance and reinsurance
