european windstorm

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AXA not renewing its Calypso cat bond for 2018

French insurance and reinsurance carrier AXA is not renewing its property catastrophe bond for 2018, as the firm currently finds traditional reinsurance pricing more attractive and sees the costs of sponsoring cat bonds, both financially and in terms of effort, as high.AXA has tapped the catastrophe bond market a number read the full article →

PERILS releases catalogue of European windstorm footprints

PERILS AG, the Zurich based provider of catastrophe insurance data and industry loss indices, has released a new product, a catalogue containing the gust footprints for over 200 of the largest European windstorms from 1979 to 2015.Robust sources of historical data are vital to insurance, reinsurance and insurance-linked securities (ILS) read the full article →

European windstorms under investigation, Egon a $100m+ loss

European windstorm Egon and European windstorm Barbara are both under investigation by PERILS AG, and Aon Benfield's Impact Forecasting unit said Egon will likely result in an insurance industry loss of over $100 million.PERILS AG, the provider of industry-wide European catastrophe exposure, insurance and reinsurance industry loss data and indices, read the full article →