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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...

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)....

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...

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...

Sussing out Canadian risk

News spreads fast and far. Not long after Verisk Insurance Solutions began a dialogue with U.S. insurers about identifying perils, unreported incidents, and prior claims through data and analytics,...

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...

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 t...

Assessing commercial property risks before they get too risky

I’m not a gambler, and I always choose my words carefully. Essentially, I’m not a risk taker by nature, and, most likely, you’re the same. I guess that’s why we work in insurance. However, lately a...

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 c...

July 2015 Preview: Historical Catastrophe Activity

We’re a month into hurricane season, and two storms have already hit. Tropical Storm Ana and Tropical Storm Bill both made landfall and brought heavy rain to the Carolinas and Texas, respectively. ...