Weather

December 2015 Preview: Historical Catastrophe Activity Over Past Decade

The 2015 hurricane season ended November 30. This has been a relatively quiet season for the Atlantic Basin, with only one catastrophe, Tropical Storm Bill, declared in June for the states of Texas and Oklahoma. The...

The 2015 Hail Season: Texas Targeted, Boston Struck

The 2015 hail season got off to a relatively slow start before really kicking into gear beginning in late March. Multiple days of severe weather targeted the southern and central Plains in the months of April and May,...

Why is the Verisk wind algorithm better for property claims and underwriting?

More than one million wind claims occur annually in the U.S. from nontropical windstorms. This makes wind one of the largest weather-related risks for commercial and personal property and auto insurers. Verisk’s updat...

November 2015 Preview: Historical Catastrophe Activity

On November 30, the 2015 hurricane season comes to an end. So far this year, only one catastrophe has been designated as a tropical event, Tropical Storm Bill, which impacted Texas and Oklahoma in June and resulted in...

October 2015 Preview: Historical Catastrophe Activity

As October approaches, we’re entering the end of the historical hurricane peak season. Although the season is ending, insurers should still be vigilant and prepared to assist policyholders in the event of a late-seaso...

A conversation on perils, incidents, and risk assessment

Educators say humans learn through a combination of perception and memory using three different methods: visual, auditory, and experiential. Each of us learns through a mix of the three methods that suits us best. Eve...

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...