trigger

An announcement this morning from Zurich based PERILS AG, an independent provider of industry-wide European catastrophe insurance data and loss indices, suggests that it may not be too much longer before we see a catastrophe bond featuring Italian earthquake risk. The catastrophe insurance data provider has extended its coverage to Italy and in a first […]

The latest catastrophe bond from U.S. primary insurer Allstate has something very unique about it. The Sanders Re Ltd. (Series 2013-1) issuance, through which Allstate hopes to secure at least $350m of reinsurance cover for U.S. hurricane and earthquake risks, features a trigger design that we’ve never seen before and we understand that this is […]

Zurich based PERILS AG, the independent provider of industry-wide European catastrophe insurance data and loss indices, has announced the release of a 2013 update to its PERILS Europe Industry Exposure Database. The database contains updated European windstorm property exposure information as well as property sums insured exposed to UK flood.

U.S. insurer Travelers 2009 catastrophe bond issuance Longpoint Re II Ltd. was one of the transactions which saw changes to its risk profile when it was remodelled using the latest version of the RMS hurricane risk model (V. 11) at its annual reset. At the time Travelers said that it suspected the attachment point may […]

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 suggests that this shows that […]

The latest firm to publish a report reviewing the 2012 catastrophe bond market is Property Claims Services (PCS), a leading source of data on insured property losses from catastrophes in the U.S. and part of the Verisk group of companies. The report looks back at 2012 from PCS’ perspective and highlights the continuing use of […]

PERILS AG, the Zurich-based independent provider of industry-wide European catastrophe insurance data and loss indices, has published an update on its progress and how widely used its data has become. The service has a primary focus on European windstorm loss data and indices for construction of industry-loss based catastrophe bonds, ILW’s and private transactions, but […]

Property Claims Services (PCS), a leading source of data on insured property losses from catastrophes in the U.S. and part of the Verisk group of companies, have today published their latest quarterly update on the catastrophe bond market. The report takes a look at the market from PCS’ perspective and contains insight into the use […]

PERILS AG, the Zurich-based independent provider of industry-wide European catastrophe insurance data and loss indices, has announced a new initiative which will see PERILS team up with the European Space Agency (ESA) to make available satellite-based flood footprint imagery during and after major European flood events.

PERILS AG, the Zurich-based independent provider of industry-wide European catastrophe insurance data and loss indices, has issued an update on how their loss data and indices have been used by the reinsurance and catastrophe bond sector. When we last reported on PERILS they had just cleared $4 billion of limits placed using their data and […]