Swiss Re Insurance-Linked Fund Management

Xactanalysis Insights and PCS

weather bonds

Share

Canada’s insurance regulator considering weather bonds

7th October 2009

The Canadian newspaper, The Global and Mail, reports today that Canada’s insurance regulator, the Office of the Superintendent of Financial Institutions (OSFI), has been approached by insurers about using bonds to hedge against weather risks. The regulator says that they are open to the idea and will consider allowing property and casualty insurers to create […]

Read the full article