Archive for May, 2011

Aon Benfield Securities, the investment banking subsidiary of re/insurance broker Aon, has published its latest quarterly update on the catastrophe bond and insurance-linked securities market today. The report looks at the trends within the market in Q1, discusses issues such as the impact of the earthquake in Japan on cat bond returns and looks ahead […]

A new report recently published by the World Economic Forum, in collaboration with a range of private sector companies including re/insurers, outlines recommendations to reduce the impact of natural disasters through improving both physical and financial preparedness. The report also advocates utilising the resources of both the public and private sectors to effectively manage natural […]

In recent weeks we’ve written about a number of countries who have been discussing the possibility of issuing catastrophe bonds and insurance-linked securities as ways to protect themselves against the costs of a major natural disaster. We’ve seen the issue come up for discussion in governments in Taiwan, Israel, Korea, the Philippines, Australia, the ASEAN […]

PartnerRe announced last month that a portion of their losses due to the Tohoku earthquake and tsunami disaster in Japan would be due to insurance-linked securities. At the time we wrote that it was likely that they had an investment in the Muteki Ltd. cat bond (which is expected to be a total loss). Now […]

The recent U.S. midwest tornado outbreak is set to go down in history as one of the most active starts to the convective storm season and one of the most damaging on record as early loss estimates begin to be reported. The last two weeks have seen a huge number of convective storms which have […]