JPMorgan in longevity hedging first

Sources have told us, and the is reporting this morning, that JPMorgan have recently completed an important longevity hedging transaction which could help the market achieve its goal of becoming liquid enough for future trading to occur. The deal sees JPMorgan take on £70m worth of the longevity risks read the full article →

Parametric rice-yield index crop insurance in the Philippines

New, different approaches to microinsurance for farmers are appearing at an increasing speed with the Philippines seemingly being one of the markets where innovative attempts to create affordable, index-linked agricultural insurance are happening. The German Agency for Technical Cooperation (GTZ) is introducing a new parametric microinsurance product for rice farmers within read the full article →

Business interruption claims from Chile quake could take a year to settle

The magnitude 8.8 earthquake which struck Chile in February of this year has caused major losses to insurers and certain reinsurers. Insured losses are said to total $8b to $12b with the majority ceded to reinsurers. So certain claims are getting paid quickly but an article in Business News Americas suggests read the full article →

Microinsurance in action: Rain shortfall triggers first M-PESA drought insurance payouts for Kenyan farmers

We are big supporters of microinsurance (particularly weather index-linked insurance) so it's great to receive a press release which demonstrates exactly what this sector can do to support rural communities and reimburse them financially when weather conditions affect their livelihoods. This particular example is in Kenya where farmers have been encouraged read the full article →

Make microinsurance transparent and easy to understand

Microinsurance is becoming a hot topic among insurers and reinsurers looking for new sources of revenue and new markets to enter. It's an opportunity the size of which hasn't been seen by the insurance industry for many years but there are some key points to remember when it comes to read the full article →

Swiss Re study looks at use of indices within risk transfer markets

This time of year always sees a glut of research papers and annual market reviews being issued as the reinsurance world meets in Monte Carlo and discuss the issues of the day. Swiss Re have issued a great new sigma study exploring the use of indices in transferring risks to read the full article →