The Atlantic hurricane season is living up to it’s predictions of an active season. There are currently three active storms in the Atlantic as well as Gustav over the U.S. which has weakened to a depression but still threatens significant flooding to any area it crosses. The 10th named storm of the season, Josephine has […]
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In India, ICICI Lombard has announced that it is extending it’s rural weather insurance product so as to make it available to mustard crop growers in the Agra, Bareli, Shahjahanpur and Hardoi districts of Uttar Pradesh.
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Hurricane Gustav struck the U.S. gulf coast just to the west of New Orleans earlier today. At the moment it’s looking like New Orleans could have escaped suffering similar devastation to three years ago when Katrina hit the city but Gustav has the potential to leave heavy losses in it’s wake. Little is known of […]
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Reinsurance Magazine has a great article on the current state of electronic trading in reinsurance and catastrophe futures. It discusses the state of markets such as the IFEX, Re-Ex and the burgeoning Carvill Hurricane Index and their potential for growth. The time is ripe for electronic trading of risks. With so many securities, options, derivatives […]
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