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Data & analytics to broaden use of parametric solutions: James Harrison, Dun & Bradstreet

As insurers and reinsurers continue to advance their data analytics capabilities, parametric structures will increasingly be leveraged for more traditional classes of business, according to James Harrison, UKI Head of Insurance at global data and analytics firm, Dun & Bradstreet (D&B). Parametric insurance, which is event-driven coverage rather than indemnifying the read the full article →

ISO launching PCS Canada to provide improved catastrophe loss information

The Insurance Services Office (ISO) has announced that it is to bring Property Claims Services PCS to Canada. The new service named PCS Canada aims to provide insurers, reinsurers, brokers and other stakeholders with Canadian catastrophe information to enable them to better manage their natural and man-made catastrophe risks. The new read the full article →

Cat bond indices continue their climb; deal pipeline growing

It's time for our monthly look at how the Swiss Re published catastrophe bond price and total return indices are fairing. You can find our commentary from last month here for comparison. First we'll take a look at the Swiss Re Cat Bond Price Return Index, tracking the price return for all read the full article →

Perils AG estimates losses from windstorm Klaus at Euro1.55B

Perils AG, the company set up by a group of leading reinsurers to aggregate and distribute European catastrophe loss data (blogged about previously here) has released it's own estimates for European windstorm Klaus which hit France and Spain in January. They've released a figure of €1.55b ($2.12b) which comes in read the full article →