Catastrophes

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. I’v...

September 2017 Preview: Historical Catastrophe Activity

The Atlantic hurricane season traditionally runs from June 1 to November 30. While forecasters have predicted a relatively normal hurricane season for this fall, the season is already on pace with some of the most...

August 2017 Preview: Historical Catastrophe Activity

With summer well underway, beachgoers may welcome the warming Atlantic Ocean temperatures. But warm water and other factors have led researchers to update their 2017 hurricane forecasts since our June preview . One of...

July 2017 Preview: Historical Catastrophe Activity

Summer has come to the northern hemisphere, and last ten years have seen July losses from wildfire, hurricane and other storm events. From 2007-2016, PCS designated 33 catastrophic events in this month-- resulting in...

April 2017 Preview: Historical Catastrophe Activity

April is an active month for violent tornadoes, though overall tornadic activity typically peaks in May and June. We saw more violent tornadoes—EF4 and EF5—in April than any other month from 1950 through 2013. The pas...

U.K. water main break highlights need for basement information

BBC News Report The Angel Islington is a well-known property in U.K. Monopoly, and if you know the area, it’s a short walk up the Pentonville Road from Kings Cross. Situated on a hill, it’s not an area where you might...

March 2017 Preview: Historical Catastrophe Activity

Property Claim Services ® (PCS ® ) has designated 32 weather-related catastrophe events for the month of March between 2007 and 2016. Those events caused approximately $14.3 billion in insured losses and resulted in 2...

February 2017 Preview: Historical Catastrophe Activity

It’s midwinter in the Northern Hemisphere, and we’re looking ahead to February with a review of historical catastrophe activity. In the ten years from 2007 through 2016, PCS® designated 28 catastrophes during the mont...

Four Killer Blockchain Use Cases for Insurance

Is blockchain really a solution in search of a problem ? At first glance, it may appear that way. Aside from developments in the industry loss warranty (ILW) market , clear use cases have been slow to emerge. That’s...

Are We Missing the Real Blockchain Opportunity for Insurance?

Blockchain has taken the global insurance industry by storm. Insurtech start-ups have begun to probe this emerging technology, and insurers and reinsurers have watched, explored, and tested. So far, however, blockchai...