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PCS identifies five considerations for indemnity cat bond investors

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 read the full article →

Over 50% of catastrophe bond volume issued in 2012 used indemnity triggers

The year 2012 saw the highest level of indemnity trigger based catastrophe bond issuance on record, with more than 50% of all cat bond volume issued exposed to the indemnity losses of the sponsoring insurer or reinsurer, according to data from Swiss Re's latest insurance-linked securities market report. The report read the full article →

The catastrophe bond triggers utilised in transactions to date

Catastrophe bond transactions can utilise a range of different types of triggers as points of measure to define whether they have experienced a loss or not. The types of triggers used by cat bond deals have changed over the years the market has existed as some come into favour and read the full article →

Catastrophe bond triggers through the ages

The latest Swiss Re sigma study, which I posted about yesterday, contains some great graphics which demonstrate how the market has evolved over time. Imagery makes it really easy to visualise the changes the market has undergone. One particular graphic that I like shows the different types of triggers utilised read the full article →