windstorm

Here’s a useful link that we believe you’ll enjoy. Guy Carpenter have published a very interesting chart on their GCCapitalIdeas blog which breaks down all the catastrophe bonds issued since 1997 by type of peril. It’s a great way to visualise how the market has changed over time as you can see which types of […]

Swiss Re have announced completion of their latest catastrophe bond transaction. Successor X Ltd. Series 2010-1, the second transaction under the Successor X Cayman Island SPV, is a three year multi-peril deal. The transaction provides Swiss Re with cover for a portion of their U.S. hurricane, European windstorm, California earthquake and Japanese earthquake risks.

Weather patterns around the globe seem to be in flux so far this year. Severe winters in Europe and the U.S., extremely dry weather in parts of Asia, the coldest Siberian winter in many years and now reports of permafrost melt on the steppes. A lot of this is due to the El Nino weather […]

Tradition Re has announced the completion of the first Dutch auction for Florida hurricane windstorm risks. The deal allowed an unnamed reinsurer to hedge it’s hurricane exposure for the year and we believe this is the first time a Dutch auction has been used for this purpose within the reinsurance market.

Windstorm Xynthia tracked across northern France and into Germany on Saturday 27th and Sunday 28th February. Wind speeds recorded reached as much as 30 meters per second and a tidal surge (which coincided with spring tides) impacted the French Atlantic coast causing major damage and flooding. 50 people have been confirmed killed due to the […]

SCOR has announced that its latest foray into the insurance-linked securities market Atlas VI Capital Ltd. has closed successfully. Atlas VI provides SCOR with €75m of protection against certain European windstorms and Japanese earthquakes.

PERILS, the independent company based in Zurich which was set up to aggregate and report on European catastrophe insurance data, has announced the launch of an industry loss index for European windstorm events.

The Association of British Insurers report which they commissioned to look into climate change, the financial risks associated with it and how the insurance industry will cope has now been published. The report was produced by AIR Worldwide and the UK Met Office.

The Association of British Insurers will be revealing the findings of its latest report into climate change this week at their climate change event. The study which looks into the impact of rising temperatures caused by the changing global climate will show that a four degree rise in global temperatures (something they say could happen […]

Hurricane Bill is continuing it’s journey through the atlantic, picking up speed and becoming more powerful all the time. Currently a category 4 storm Bill is carrying sustained winds of 135mph with higher gusts. Bill has become a very large storm with hurricane force winds extending up to 85 miles from the centre. So it’s […]