liability

In Monte Carlo today at the Rendez-vous event, senior executives of global reinsurance firm Munich Re explained that they see the trend for some longer-tailed casualty focused sidecars to offer high returns from the asset side as “not a good idea” while the potential for commutation discussions to prove a challenge at the end of […]

The launch of Oortfolio™, a liability insurance risk modeling platform from Praedicat, could stimulate innovation in liability insurance risk transfer, such as attracting new capital by enabling it to better quantify liability exposures and even liability catastrophe bonds.

GIC Re (General Insurance Corporation), the national reinsurance company in India is exploring the use of insurance-linked securities (ILS), or catastrophe bond type structures, as a financial tool to create capacity for a proposed nuclear insurance pool.

According to newspaper reports the Indian government has been considering a catastrophe bond type structure, possibly combined with a sovereign guarantee, in order to overcome a fear foreign suppliers have over its nuclear liability laws.

Risk Management Solutions (RMS) and RAND Corporation have teamed up to launch a new company named Praedicat, Inc., that will provide consulting services and software to the property and casualty insurance industries with a particular focus on liability risks. Building on both firms years of experience in risk modelling, research and analysis, Praedicat will aim […]

The capital markets and particularly catastrophe bonds have proved very good ways of absorbing the risks of natural disasters. Similar insurance-linked securities are now successfully transferring life insurance and longevity risks to the capital markets. But at a recent conference insurers highlighted the need and desire to expand the types of risks transferred to include […]