Reinsurance

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...

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...

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...

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...

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...

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...

January 2017 Preview: Historical Catastrophe Activity

With winter on its way, we look ahead to January cat event risks. Catastrophic January storms since 2007 have caused nearly $5.9 billion in insured losses. PCS has designated 16 catastrophes during...

December 2016 Preview: Historical Catastrophe Activity

The 2016 hurricane season ended November 30 with two PCS ® catastrophe designations from Atlantic Basin hurricanes that made landfall in the United States. We discussed Hurricanes Hermine and Matth...

November 2016 Preview: Historical Catastrophe Activity

The 2016 hurricane season will come to an end on November 30. So far this year, two catastrophes have been designated as tropical events. Hurricane Hermine affected Delaware, Florida, Georgia,...

October 2016 Preview: Historical Cat Activity

As October approaches, so does the end of peak hurricane season, however, insurers should still be vigilant and prepared to assist policyholders in the event of a late-season disturbances. While th...