indemnity cat bond

An interesting question was raised at the recent 2014 Bermuda in Boston conference held by investment bank Macquarie, whether ILS investors are being compensated sufficiently for uncertainty in some indemnity catastrophe bonds and ILS transactions.

Property Claims Services (PCS), a division of Verisk and the leading source of data on insured property losses from catastrophes in the U.S., has published an interesting report on indemnity catastrophe bonds today. The report highlights, what PCS considers, five key issues that investors in indemnity cat bonds need to be aware of.