Capital Markets

Blockchain: Getting Smarter than Smart Contracts

Admittedly, my interest in blockchain has been fairly narrow. Given the role of PCS® in the global industry loss warranty (ILW) market, I’ve been particularly focused on how blockchain-enabled smart contracts could benefit the reinsurance and insurance-linked securities (ILS) market.

Will Catastrophe Bonds Experience a “Retail Revolution”?

During a track at the IFoA Asia Conference 2018 last week, a speaker laid out a “future state” vision that included access to insurance-linked securities (ILS)—or at least some version of ILS—for retail investors.

Brexit effects on economy hitting U.K. construction costs

Industrial manufacturing and agricultural output are down, and the U.K. is seeing increases in the costs of imported commodities and fuel.

Four Killer Blockchain Use Cases for Insurance

Here are the ways this blockchain technology can benefit the global insurance industry.

Are We Missing the Real Blockchain Opportunity for Insurance?

The global insurance industry has taken an interest in blockchain because of certain fundamental benefits that the technology provides.

Top ILS Market Trends: Q1 2016

We’ve put another record-setting quarter for catastrophe bond issuance behind us, with $2 billion in fresh capital coming to market. In some ways, the first quarter of 2016 offered more of the same, with no first-time...

Blockchain, Smart Contracts, and Index Triggers: Count the Frictional Costs As They Disappear

Is the insurance industry watching developments in blockchain technology? Some of our folks in the market are, but it’s pretty clear to me that the focus is the other way around. The blockchain community has its eye o...

ILS Trend Tracking: FY 2015

FY 2015 Catastrophe Bond Lite Issuance by Trigger Type Source: PCS, Artemis Deal Directory After a grueling four-month-long march that began in Monte Carlo, the January 1, 2016, reinsurance renewal is pretty much behi...

The view from Q4-cat frequency over severity, data housing, and more

In an interview with WRIN TV , Joe Louwagie, assistant vice president, Property Claim Services (PCS) discusses the importance of accessing and accurately using data to make the best underwriting and rate-making...