Cat Bond Lite

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...

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 strategi...

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 ...

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...

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...

Learn about Cat Bond Lite: Verisk Risk Symposium

Are cat bond lite deals cannibalizing the 144A market? Or are they contributing to net growth for the ILS sector? This relatively new form of risk transfer is perhaps the hottest trend of the year,...

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...

Seven Cat Bond Lite Benefits You Should Understand

Last year, $500 million in private catastrophe bonds came to market, nearly half of them publicly announced . In the first quarter of 2015, approximately $200 million in “cat bond lite” transaction...

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...