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Risk modeling firm EQECAT has published a report on typhoon Guchol which made landfall in Japan on the 19th June. Guchol was the fourth named storm of the Pacific typhoon season and the first to officially reach super typhoon status. Maximum wind speeds from typhoon Guchol reached as much as 130 knots but the storm […]

Here’s our Monday morning chance for you to catch up on the most viewed articles of the last week. We had a few technical issues last week after our web host suffered a major attack, sorry if this impacted your use of Artemis it was unfortunately out of our control. The problem is now rectified […]

Typhoon Roke, the 15th named storm of the northwest Pacific typhoon season, made landfall on Honshu island, Japan on the 21st September. A major storm with winds of 180kmh, typhoon Roke was a category 2 typhoon. Roke travelled across as much as 350km of Japan, impacting Tokyo where transport disruption and some falling trees were […]

The rate of catastrophe bond maturities has picked up with five transactions maturing in the last few days and another two due to mature before the end of the month. With close to $2.4 billion of cat bonds due to mature by the end of this quarter there is plenty of excess capital which is […]

It’s time for another look at the Swiss Re Cat Bond Performance Indices to see how they have performed over the past two weeks. The market continues to digest the effects of the earthquake in Japan and we are now into the month prior to the start of the Atlantic hurricane season which always has […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, have published their third newsletter update to the market (the first published this year). In the newsletter they cover some recent announcements and update the market on usage of their loss index in risk transfer transactions.

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.

Moody’s Investor Services has some updated commentary regarding the four catastrophe bonds that are exposed to Japanese earthquakes which they have ratings for. The commentary in their ABS, ABCP & Covered Bond Quick Check report published today, suggests that the four cat bonds they rate could escape with zero or minimal losses.

Economic loss estimates for the Japanese earthquake and tsunami have been put as high as $308 billion, but only a portion will result in insured losses for the international insurance and reinsurance industry. In a new Q&A document Moody’s say they expect the bulk of losses to flow to the Japanese government, Japanese insurers (including […]

Swiss Re has issued a press release announcing its initial estimate of its claims costs from the recent Japanese earthquake and tsunami events. They estimate their claims, net of retrocession and before tax, at $1.2 billion and point out that this figure is subject to a high degree of uncertainty as events unfold.