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 smart contracts could benefit the reinsurance and insurance-linked securities (ILS) market.

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.

August 2017 Preview: Historical Catastrophe Activity

The National Hurricane Center says a named storm forms in the Atlantic Basin in June once every other year.

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.

Four Killer Blockchain Use Cases for Insurance

Here are the ways this blockchain technology can benefit the global insurance industry.

Are We Missing the Real Blockchain Opportunity for Insurance?

The global insurance industry has taken an interest in blockchain because of certain fundamental benefits that the technology provides.

January 2017 Preview: Historical Catastrophe Activity

With winter on its way, we look ahead to January cat event risks. Catastropic January storms since 2007 have caused nearly $5.9 billion in insured losses.

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.

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.

October 2016 Preview: Historical Cat Activity

As October approaches, so does the end of peak hurricane season, however, insurers should still be vigilant.