-
PERILS AG, established this year to aggregate and provide industry-wide European catastrophe insurance data, has estimated property insurance market losses caused by windstorm Klaus of EUR1.55bn. The
-
Munich Re and Tokio Marine Nichido Fire’s private cat swap based on Risk Management Solutions’ (RMS) Paradex-Europe Windstorm (PEW) index takes the total notional amount of risk transferr
-
ILS investors were warned last week that they need to be more realistic on yields if they wish to see more cat bonds emerge from (re)insurers. Although catastrophe reinsurance rates are continuing to
-
Insurance-linked derivatives provide the best security of a range of traditional and alternative risk transfer products, according to Michael Jedraszak, underwriter at Bermuda-headquartered (re)insur
-
Industry loss warranty (ILW) and catastrophe derivatives trading volumes are “considerably” lower than last year, stifled by high prices and the effects of contagion from the financial ma
-
Newly founded Perils AG – the Zurich-based company set up to establish a European industry-wide loss index – estimates the property insurance market loss for windstorm Klaus at EUR1.55bn.
-
IFEX traded 3,600 lots of US wind event-linked futures on the Chicago Climate Futures Exchange (CCFE) in one day last week, as trading accelerates prior to the 1 June North Atlantic storm season. The
-
Munich Re and Tokio Marine Nichido Fire have closed a private cat swap based on Risk Management Solutions’ (RMS) Paradex-Europe Windstorm (PEW) index, taking the total notional amount of risk t
-
Newly established European catastrophe information aggregator Perils has appointed Dr Luzi Hitz as CEO. Hitz joins from Glacier Group, where he was head of international property and casualty treaty.
-
BB-rated cat bonds posted a 1 percent gain in the first quarter of 2009, recovering from a 1 percent loss in the final quarter of last year. The first quarter gain occurred as high yield bonds
-
Nephila-backed weather risk service WeatherBill has launched a screen-based underwriting and trading platform. The WeatherBill White Label platform enables any third party to offer weather coverage t
-
Dedicated insurance-linked derivatives broker Myrias LLC is developing a screen-based trading platform, aimed at standardising the trading of industry loss warranties (ILW) and cat bonds in the secon
