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Insurance
A series of new satellites to be launched by the European Space Agency will provide the insurance industry with new and unique data that will be invaluable to insurers underwriting certain types of risks including some energy and marine business. 13 December 2012
Insurance
The re/insurance industry is too reliant on catastrophe models and needs to take greater responsibility for judging its own risks, says S&P. 5 December 2012
Insurance
Many insurers and reinsurers remain unaware of the potential consequences of changes that rating agency S&P’s is making to its insurance rating criteria – despite the fact that the adjustment could have serious ramifications for them in 2013. 3 December 2012
Insurance
In the aftermath of severe flooding in the UK for the second time this year and with insured flood losses predicted to top £1bn in 2012, the UK government and the insurance industry are trying to find a solution to the way flood risk is covered in the UK. 30 November 2012
Insurance
A new insurance product conceived by Swiss Re could provide the model for many types of similar policies applicable to different illnesses or countries being developed in the future. 28 November 2012
Insurance
Despite its reinsurance bill trebling since 2010, Ian Simpson, the chief executive of New Zealand’s EQC, says he remains impressed by the way international reinsurers have responded since devastating earthquakes hit the country in 2010 and 2011. 27 November 2012
Alternative Risk Transfer
The popularity of insurance-linked securities (ILS) has been evidenced by four recent catastrophe bonds. 23 November 2012
Insurance
Against a backdrop of low interest rates and limited investment returns, investor demand for catastrophe-linked products remains high with yet more vehicles being launched to satisfy this demand. 20 November 2012
Alternative Risk Transfer
The use of insurance-linked securities (ILS) by the world’s biggest insurers and reinsurers is increasingly becoming the norm according to two recent surveys – but only if the T&Cs are competitive compared with more traditional forms of coverage. 19 November 2012
Alternative Risk Transfer
The insurance-linked securities (ILS) market has been quiet of late but the industry appears split on why this is. Some blame nervousness following Hurricane Sandy, while others argue it is typical for this time of year. 14 November 2012
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