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Philippines considering catastrophe pools and bonds

The Philippines is one of those nations which is extremely exposed to natural disasters and weather risks. From flooding, to wildfires to super-typhoons (like Megi which is currently impacting part of the Philippines) any country so exposed to disasters needs a robust catastrophe reinsurance strategy to help them recover from read the full article →

Could state windstorm plans survive a hurricane?

Most U.S. states which are at risk of landfalling hurricanes have state windstorm plans and pools which are designed to be insurers of last resort for people living in high-risk zones where getting any insurance cover is difficult. So as the ultimate backstop for some states how would they fair read the full article →