economy

At a time when the UK on the brink of an economic recession and facing some of the worst economic conditions in history news stories such as this mornings reports on retail sales in July can only help to perpetuate the gloom. July’s retail sales were down 0.9% on last year with the current climate […]

It’s interesting to read discussions about catastrophe bond type structures and their possible application to classes of risks other than natural perils. It regularly crops up in articles about financial risks with academics discussing the possibility of using a cat bond structure. I found this blog post by Jim Peterson, a U.S. based lawyer, which […]

Willis Re have published a good review of the recent renewals season in which they discuss the softening market, how it’s affecting P&C insurers, reinsurers and their use of capital market instruments. They say the softening is deceptively tenuous as hurricane season is just around the corner and could trigger major losses which raise rates […]

The recent Midwest floods have been pretty catastrophic and re/insurers are nervous at the extent of losses that may emerge as the full impact gets calculated and the claims start being filed. Storm Exchange, the weather risk management service company, have released a report detailing the extent of lossees that can be expected and of […]

There’s a very interesting article in the press today about the impact (or lack of impact) of the current economic climate turmoil to the catastrophe bond market. It reiterates what has been said many times over the last few weeks; that the market in insurance-linked securities is highly liquid and investors are perhaps treating cat […]

A blog should be a two-way conversation between the author and the visitors. Blog posts should inform but also stimulate opinion and comments. To reply to any of the posts on this blog just click to add a comment at the foot of the post you are interested in. To that end I’d like to […]