catastrophe risk

In a recent commentary authored by Schroders Capital’s Mark Gibson, Senior Investment Director ILS, and Christoph Hummel, Head of Analytics, ILS, both make the case for enhancing the trusted vendor models that underpin the catastrophe bond market with in-house expertise.

As climate risk escalates, insurers and reinsurers are increasingly relying on catastrophe modelling to navigate uncertainty. For insurance-linked securities (ILS) managers, these tools go beyond guidance, they are foundational to underwriting discipline, portfolio construction, and investor capital protection, according to a new report from LGT ILS Partners.

Moody’s Corporation has agreed to acquire CAPE Analytics, a provider of geospatial AI intelligence for residential and commercial properties across the United States, Canada, and Australia.

Investments in non-catastrophe insurance-linked securities (ILS) can bring some significant benefits to investors, but for this market to develop in Asia, the region’s primary insurance market needs to evolve, according to industry experts.

Reinsurance broking group Guy Carpenter has announced the launch of a Catastrophe Risk Advisory Group for the Asia Pacific region, aiming to help clients through the delivery of innovative catastrophe risk transfer solutions and access to new capital sources.

A new study looking at the effects of climate change on hurricanes and tropical cyclones suggests that the insurance, reinsurance and insurance-linked securities (ILS) industry may need to prepare for storms that cause even wider swathes of damage and losses, with a warmer world linked to damage extending further inland.

This week our new video interview features RMS’ Jin Shah and Jeff Waters, who joined us to discuss the 2020 Atlantic hurricane season and how technology and analytics can help insurance, reinsurance and ILS market participants be better prepared and respond as storms threaten.

The onset of winter was finally felt across the United States in January, as repeated winter storm outbreaks and a cold spell driven by the polar vortex phenomena drove billion-dollar economic costs, according to Aon.