Monthly Archives: September 2015

Car safety – a new paradigm?

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Auto premiums account for close to half of global non-life insurance - but cars are about to get much, much safer. Electric cars will be safer than gasoline ones and driverless cars are likely to be safer still. At a time of excess capital...

News review | September 28 2015

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The World Bank is mulling ways to further improve the ability of the Philippines to withstand shocks coming from natural disasters such as typhoons and earthquakes, with a $100m to $300m cat bond guaranteed by the Philippine government...

News review | September 21 2015

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US state-funded rail operator Amtrak is seeking to raise $200m from PennUnion Re in what will be only the second cat bond to cover storm surge. Amtrak subsidiary Passenger Railroad Insurance (PRIL) would be the beneficiary of the...

News review | September 14 2015

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Markel Corporation has announced it will buy substantially all of the assets of CATCo Investment Management. The transaction is subject to customary closing conditions and is expected to complete in the fourth quarter...

Monte Carlo 2015 – live blog

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This week, Monte Carlo isn’t filled with film stars or Formula One drivers but with reinsurance executives from around the world who have congregated for their annual rendez-vous. If you didn’t manage to catch a private jet (or easyJet)...

Monte Carlo analysis

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It’s a business whose prospects have turned for the worse and there is not much we can do about it - Warren Buffett (May 2015) In the run up to the annual reinsurance conference in Monte Carlo, many of the industry's most...

News review | September 07 2015

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There was healthy cat bond activity across the market and primary issuance levels recorded as the fourth highest second quarter on record in the second quarter of 2015, according to GC Securities. Despite strong activity however,...