Monthly Archives: July 2015

Cyber insurance

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Cyber cover is one of the few parts of the insurance market where demand often exceeds supply. As the insurance industry searches for ways to grow, cyber could represent a significant opportunity for both traditional and alternative insurers...

News review | July 27 2015

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The Turkish Catastrophe Insurance Pool (TCIP) has returned to the cat bond market for its second Bosphorus issuance. The TCIP is seeking at least $100m from the cat bond, which will once again provide parametric per-occurrence cover...

NASA’s Dr Tim Hall analyses a cat bond

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InsuranceLinked's resident scientist uses his hurricane model to analyse the default probabilities of a recent cat bond issued by AIG. Compass Re II is a $300m US hurricane catastrophe bond issued by AIG that covers the 2015 hurricane...

News review | July 21 2015

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The reinsurance industry has seen more strategic restructuring within many Florida reinsurance programs in the first half of 2015, according to an ILS report from Willis. The report also notes that the reinsurance industry has been...

The S curve – the effect of wealth on insurance markets

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The global insurance industry is not fulfilling its potential - many companies and individuals are underinsured for key risks. In less developed countries, losses from natural catastrophes can be almost totally uninsured. Last month,...

News review | July 13 2015

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A pair of earthquake catastrophe bond renewals are on the horizon, likely from sponsors the Turkish Catastrophe Insurance Pool (TCIP) and the California Earthquake Authority (CEA). Sources suggested that the quake...

News review | July 06 2015

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The re/insurance largest tie-up on record was announced this week with ACE snapping up its rival Chubb for $28.3bn. The deal, endorsed by the takeover target, will create the US’s second-largest listed property...

Pricing update – second quarter 2015

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The latest pricing data shows that falls in reinsurance rates are slowing. For some structures, returns have improved materially since the beginning of the year but this has not yet been reflected in fund returns. The premiums paid...