All Catastrophe articles – Page 37
-
Industry Matters
Climate change is here
With predictions for a highly active hurricane season in 2007, Trevor Maynard considers the ompact of climate change on natural catastrophes.
-
Industry Matters
Hedging cat perils
Allianz’s new catastrophe bond covers flooding in the UK by offsetting the risk against North American earthquakes, explains Marc Hannebert
-
Online only
Swiss Re offers nat cat consulting
Swiss Re has announced it is offering a new nat cat consulting service
-
Global Matters
Aspen taps capital markets
Aspen announces property cat agreement with Cayman-based Ajax Re
-
Online only
Heritage licenses AIR's cat models
Heritage Underwriting has licensed AIR's catastrophe risk management system
-
Online only
UK earthquake could cost £50m
An earthquake which hit the southeast of England could cost up to £50m in insured losses
-
Online only
RMS launches new wind index
Risk Management Solutions (RMS) and WeatherFlow, a provider of private weather data, have announced they have partnered to launch the WindX parametric index in time for what is expected to be a highly active 2007 Atlantic basin hurricane season. The WindX system is based on location-specific wind speed values which ...
-
Online only
Montpelier Re enjoys 4.4% quarterly return
Montpelier Re has reported income for the first quarter of 2007 of $72.6m. Operating income, which excludes foreign exchange and investment gains and losses, was $60.3m.The combined ratio was 65.6%, which included $35m relating to Kyrill offset in part by $8m of favourable prior period reserve development. Anthony Taylor, chairman ...
-
Online only
Aspen completes $200m cat bond and ILW deal
Aspen has turned to the capital markets to protect against California earthquake and US wind events
-
Online only
XL profits up in Q1 despite Kyrill losses
XL's income was up for the quarter, but its reinsurance business was hit by losses from Windstorm Kyrill
-
Online only
PCS: Q1 US cat losses cost $1.2bn
Catastrophe losses in the United States cost insurers $1.2bn in the first quarter of 2007
-
Online only
S&P upgrades insurers after Japan upgrade
Standard & Poor's has raised to “AA” from “AA-“ its financial strength and long-term counterparty credit ratings on Tokio Marine & Nichido Fire Insurance, Tokio Marine & Nichido Life Insurance, Mitsui Sumitomo Insurance, Mitsui Sumitomo Kirameki Life Insurance, Mitsui Sumitomo MetLife Insurance, and MassMutual Life Insurance following the upgrade of ...
-
Online only
US P/C insurers had a lucky year
While US property casualty re/insurers escaped major hurricane strikes in 2006, the threat remains high, says ISO and PCI
-
Online only
Bird flu could hit US insurers with $24bn loss
"If a severe pandemic influenza were to occur our projections indicate that there could be a significant number of companies downgraded (many multi-notches)..."
-
Online only
Hannover Re subsidiary enters Florida market
Praetorian Specialty Insurance Company has received approval to write surplus lines insurance in Florida
