News & Analysis Results

Hartford CEO says Sandy losses may hit their reinsurance coverage

News 5th December 2012

Another initial loss estimate from one of the larger U.S. primary insurers for damage caused by hurricane Sandy has emerged after the CEO of Hartford Financial Services Group suggested that its losses could reach $350m, which is the point at which their reinsurance coverage is triggered. The Hartford is a smaller insurer than others whose […]

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S&P downgrades five more catastrophe bonds on hurricane model update

News 30th July 2011

Standard & Poor’s (S&P) has now finished resolving the ratings issues surrounding 16 catastrophe bond tranches which use the Risk Management Solutions (RMS) U.S. hurricane model. The RMS model was updated earlier this year causing the probability of attachment for some cat bonds to increase, thus resulting in an assessment and new rating from S&P.

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Record $1 billion catastrophe bond issuance in Q1

News 13th April 2011

Strong investor demand and attractive market conditions resulted in a record first quarter of 2011 for catastrophe bond issuance said Willis Capital Markets & Advisory (WCMA) in their recently published Q1 cat bond market report. $1 billion of catastrophe bonds were issued during Q1 2011 compared to $650m in the same quarter last year.

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IFC providing more grants for African index-insurance schemes

News 29th November 2010

The International Finance Corporation (IFC), part of the World Bank Group, has signed new agreements with three partner index-insurance schemes in Africa to help expand access to microinsurance products for farmers and livestock herders. The schemes aim to help farmers and herders protect their crops and livestock from weather risks and natural disasters.

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World Economic Forum publish report on insurance-linked securities

News 9th October 2008

The World Economic Forum, an independent, international organization incorporated as a Swiss not-for-profit foundation who are committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas, have released a report today which provides recommendations to help spur continued growth of the market for insurance-linked securities. […]

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Catastrophe bond market off to unusually lively start in 2012

News 16th February 2012

The catastrophe bond market has been particularly active during the month of January 2012, with an extraordinary number of new issuances coming to market, according to Swiss based investment manager and private bank Clariden Leu in their latest fund performance report. Five new cat bonds with an issuance volume of close to $800m came to […]

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