Catastrophes

5 Innovative Ways to Protect against a Soft Market

Unless it’s long enough (perish the thought!), there’s little you can do during a soft market to protect your company from it. The only reliable strategy reinsurers have at their disposal is to commit to an agenda of...

Ready for Exchange-Traded Risk?

Recent changes to the range of capital markets risk-transfer solutions available to cedents — and their adoption of them — show insurers and reinsurers are committing to more sophisticated strategic capital management...

Navigating the Spectrum of ILS Alternatives

Two desires have characterized the insurance-linked securities (ILS) market for years. One is the ability to construct highly customized covers that directly address a cedent’s risk-transfer needs in the capital marke...

Cat Bond Lite Market Update

YTD 2015 Cat Bond Lite Issuance ($) YTD 2015 Cat Bond Lite Issuance (#) Source: PCS The cat bond lite trend continues to gain momentum. So far this year, 16 publicly revealed transactions using all three major platfor...

PCS North American Catastrophe Update

Source: PCS (loss amounts in 000s) The peace and quiet in the Atlantic basin continues. Since Superstorm Sandy, only one event has approached $3 billion (a wind and thunderstorm event in May 2014). The most damaging...

Pre-Monte Carlo Briefing

In less than 48 hours, the annual Rendez-Vous de Septembre will be in full swing. The insurance and reinsurance community will converge on Monte Carlo for the unofficial start of the January 1 reinsurance renewal...

September 2015 Preview: Historical Catastrophe Activity

Historically, the most active period for Atlantic hurricanes is late August through September, with a mid-September peak. The most significant September tropical event in the last ten years was Hurricane Ike. Making...

August 2015 Preview: Historical Catastrophe Activity

We're two months into the hurricane season , and it's been very quiet so far. If the historical trend continues, we should see minimal tropical event activity in the coming month. In the past ten years, PCS has...

Are you ready for the PCS Catastrophe Code Format Modification?

PCS is committed to serving the insurance industry with the highest levels of customer service. That’s why we want to make sure our customers are prepared for January 1, 2016, when we will modify the format of our...

Congratulations, @CatBondCat!

We’re excited to announce that @CatBondCat won Digital Marketing Campaign of the year at the inaugural Insurance Marketing and PR Awards in London on June 26, 2015. The social media campaign uses cat memes with...