Property

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...

Reconstruction costs continue to rise for Q3 2015, but at a slower pace than last quarter

Across the United States, reconstruction costs continued to rise from July 2014 to July 2015, but at a slower rate than experienced in April. At the state level, reconstruction costs in 43 states and Washington, D.C.,...

ILS Trend Tracking: Q2 2015

The ongoing shift in underlying market trends over the past year shows how dynamic the catastrophe bond sector has become. Innovation, expanded geographical reach, and increases in market participation continue to sha...

Reconstruction costs continue sharp increases across the United States and Canada

The latest reports of the 360Value ® Overview of Property Reconstruction Cost Changes show reconstruction costs are higher in the United States and Canada compared with the same time last year. In the United States, 4...

Cat Bonds and the Hurricane Quarter

Sources: PCS, Guy Carpenter & Company, LLC Historically, second-quarter issuance activity has been high, given the June 1 start of hurricane season. As Florida’s interest in the catastrophe bond sector increases,...

Top 5 Cat Bond Market Trends in Q1 2015

The ongoing shift in underlying market trends over the past year shows how dynamic the catastrophe bond sector has become . Innovation, expanded geographical reach, and increases in market participation continue to...

Auto and Home Telematics: Shaping the Usage-Based Insurance Market

Two exciting aspects of automobile telematics and connected-home technologies are loss prevention and loss mitigation. The data from onboard devices in cars, smartphones traveling in those cars, and home-sensor...