Markets

Sans Modelers, London ILS Task Force May Expand

The group tasked with making “the UK a more attractive domicile “ for insurance linked securities (ILS) does not include representatives from the firms responsible for measuring their risk, although a

Jun 11, 2015 1 min read

2015 Hurricane Season May Turn Into an Inactive Hurricane Era

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,

Apr 14, 2015 2 min read

Models Coming Up Short When It Comes to U.S. Convective Storm Losses: Swiss Re

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

Mar 25, 2015 2 min read

McGavick, XL Leadership to Cash In Post-Catlin Deal

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

Mar 24, 2015 1 min read

Florida Catastrophe Fund Rejects Alternatives, Keeps Investments On Yield Leash

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

Mar 23, 2015 2 min read

Tornado Forecast Study a Piece of the Loss Puzzle, Author Says

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

Mar 19, 2015 2 min read

Insurers, Reinsurers Differ on Government Terrorism Timing

The U.S. government should make a determination whether a loss event is an “act of terrorism” in either days or months, depending which sector of the insurance and reinsurance

Mar 17, 2015 2 min read

North Carolina Bill Pushes Post-Event Finance, Catastrophe Model Changes to Avoid Reinsurance

Legislation introduced last week in the North Carolina legislature would seek to alter the state’s residual pool to shift the focus away from reinsurance purchases to post-event bonding.

Mar 17, 2015 1 min read

When It Comes to Weather Losses, Persistence Is the Problem: Munich Re

Changes in the pattern of the jet stream are halting severe weather patterns for days, or even weeks, and increasing the likelihood that large loss events will occur, according to

Mar 4, 2015 2 min read

Buffett Says Life Reinsurance Mistake Now a “Gem,” Commercial Push Will Become “Major Asset”

Berkshire Hathaway’s Warren Buffett spent a large portion of his 50th anniversary investor letter [http://www.berkshirehathaway.com/letters/2014ltr.pdf]talking up his vast insurance and reinsurance operations,

Feb 28, 2015 2 min read

Catastrophe Reinsurance “Permanently” Hobbled, Third Point Re Focuses Elsewhere

The catastrophe reinsurance market is not worth the cost of admission but there are opportunities elsewhere, according to executives at Daniel Loeb’s Third Point Reinsurance Ltd. “In our view,

Feb 27, 2015 2 min read

California Quake System Tees Up Further Risk Transfer

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

Feb 25, 2015 1 min read

Page 19 of 21