Capital Markets

Top 5 ILS Trends from 2014

The rapid growth of the catastrophe bond market can be attributed to many factors, some of which extend back for years. However, PCS sees five trends as instrumental in shaping 2014, contributing to increased ILS use...

Video: 2014 cat bonds in review, 2015 off to a great start

In a recent A.M Best video interview, Tom Johansmeyer, AVP, Reinsurance Services at ISO, discusses property and catastrophe bond and cat bond lite transactions  in 2014 and the transition to 2015.  The video also...

Cat Bond Lite: A Rapid Start to 2015

The insurance-linked securities (ILS) market appears to have seen the value of the “cat bond lite” structure. At least, that’s what 2015 issuance activity indicates. Sponsors have completed nearly $150 million in...

Q3 Catastrophe Bond Market Trends Update

We can attribute the rapid growth of the catastrophe bond market to many factors, some of which extend back for years. However, PCS ® sees five trends as particularly important this year, highlighting the expanding...

PCS Pre–Monte Carlo Briefing

The unofficial start of the January 1, 2015, reinsurance renewal season is almost upon us. In a few days, the global reinsurance industry will descend upon Monte Carlo for the annual ritual of 30-minute meetings in...

First-Half 2014 U.S. Catastrophe Overview

First-half catastrophe losses reached their lowest level since 2010 in the first half of 2014. Property Claim Services ® (PCS ® ), a division of Verisk Analytics, revealed that U.S. catastrophe losses fell just shy of...

Cat Bond Lite Issuance Continues, 40 Percent Use PCS

Cat bond lite issuance has continued into the third quarter. The latest transaction, index-triggered Dodeka III, brings the year’s total to $242 million  according to Artemis.bm . Sponsors have completed ten cat bond...

PCS Q2 2014 Catastrophe Bond Market Update: Trend Tracking

The rapid growth of the catastrophe bond market, which has reached nearly $6 billion in the first half of 2014 , can be attributed to many factors, some of which extend back for years. However, PCS ® sees five trends ...

PCS Provides Wide Range of Support to Global Insurance Industry

Property Claim Services ® (PCS ® ) maintains a singular focus on its mission to support the global insurance industry. When a catastrophe strikes, we use a rapid-implementation approach to provide industrywide...

Already Another Cat Bond Record

The first month of the second quarter just ended, and we’re already looking at record catastrophe bond issuance activity. If all the announced transactions close in May, issuance will reach approximately $4.4 billion,...