liability

Share

Oortfolio launch to increase liability risk transfer innovation: Praedicat

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.Oortfolio has been announced by Praedicat and will offer the industry "an unprecedented read the full article →

Indian reinsurer GIC Re explores ILS for nuclear insurance pool

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.As Artemis wrote almost two weeks ago, the Indian government has been searching for read the full article →

India explores catastrophe bonds for nuclear liability issue

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.The issue has come to the fore as a deal on nuclear power development between India read the full article →

RMS and RAND Corporation launch Praedicat, aim to facilitate liability catastrophe bonds

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 read the full article →

Cat bonds need to expand to other lines of business say insurers

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 read the full article →