All Hurricane season articles – Page 9
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RMS unveils hurricane parametric index
Tool is ready to support the 2008 Atlantic basin hurricane season
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‘Above norm’ storms prediction reduced
2008 will be 20% higher than standard rather than previous forecast of 35% higher
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Reinsurance "no longer an annual consideration" - Guy Carp
Reinsurance capacity is ever plentiful in Florida ahead of the 2008 hurricane season, say experts
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S&P maintain stable outlook for global reinsurers
Reinsurers have delivered returns "not seen in over a decade", but conditions in 2008 are more challenging
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Be prepared for a big storm season - Aon
Risk managers and insurers should have “robust strategies” in place
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Florida Commission approves AIR model
Recent Florida legislative changes require insurers to use Commission-certified models
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Credit crunch to impact cat funds
US policyholders could be left "in limbo” if a major hurricane strikes, warns AM Best
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AIR launches Mexico cyclone model
The model estimates insured losses from wind and flood to buildings, contents, and business interruption
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Platinum posts 44% rise in profits
Bermuda-based holding group has benefitted from low catastrophe activity
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Munich Re joins forces with CarbonRe
The partnership will protect the buyers of carbon credits and renewable energy projects among other things
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US tornado losses already exceed $1bn in 2008
Could AM Best's review provide a grim forecast of weather losses to come?
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Belmont unveils new Caribbean catastrophe product
Solution for governments provides alternative to existing public sector facility and will be followed by separate protection for industry
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Munich Re foresees growing catastrophe claims in India
'In coming decades, the effects of climate change will make themselves felt particularly in emerging markets'
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Investment Analysis
Once bitten, twice shy
Only one catastrophe bond has ever been triggered and the market has tripled since 2005. Could losses in 2008 put off investors who are not accustomed to paying out? asks Lindsey Rogerson.
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Caribbean cat insurance board appoints new members
Two new experts join the panel which serves the insurance interests of governments in the region
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Aon: Short-term hurricane forecasts inaccurate
More success in tracking hurricane activity over periods of five years or more
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Analysis
Climate change pioneers
Insurers have taken significant steps but more is needed to combat climate change, say industry leaders at the World Insurance Forum
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Flagstone results marred by cat losses
UK floods, European storm, Australian floods and US wildfires cost Class of 2005 reinsurer $192.9m
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Ireland pledges $2.4m to Caribbean cat pool
Almost $70m raised in the Caribbean Catastrophe Risk Insurance Facility's first year
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Analysis
Graduating from 2005
The Class of 2005 have had an easy ride so far. Could 2008 be the year that finally tests them properly?