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Insurance-linked securities market to achieve absolute growth in 2011, predicts Swiss Re

At a press briefing held at their London offices this morning, Swiss Re predicted that the insurance-linked securities and catastrophe bond market will return to absolute growth during 2011 following three years where outstanding risk capital contracted.Since 2007 the ILS and catastrophe bond market has been contracting in size as read the full article →

Met Office announces breakthrough in long range hurricane forecasting

The UK's Met Office says that its scientists have made a major breakthrough in forcasting the number of Atlantic tropical storms. The Decadal Climate Prediction System (DePreSys), developed at the Met Office is said to predict storms years ahead of the current season."Being able to predict hurricane frequency well beyond read the full article →